Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Reaches New 1-Year High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT)’s share price hit a new 52-week high on Wednesday . The company traded as high as $46.46 and last traded at $46.46, with a volume of 974 shares traded. The stock had previously closed at $46.28.

Innovator U.S. Equity Power Buffer ETF – October Trading Down 0.0%

The stock has a market capitalization of $931.51 million, a P/E ratio of 24.14 and a beta of 0.37. The company has a 50-day moving average price of $45.89 and a two-hundred day moving average price of $44.61.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – October

Hedge funds have recently added to or reduced their stakes in the business. Wellington Grp LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – October in the first quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October during the 3rd quarter worth approximately $29,000. Key Capital Management INC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October during the 4th quarter worth approximately $46,000. Stone House Investment Management LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October in the 4th quarter valued at $71,000. Finally, Garton & Associates Financial Advisors LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October in the 4th quarter valued at $71,000.

Innovator U.S. Equity Power Buffer ETF – October Company Profile

The Innovator S&P 500 Power Buffer ETF – October (POCT) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. POCT was launched on Oct 1, 2018 and is managed by Innovator.