Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) shares passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $47.87 and traded as high as $48.07. Innovator U.S. Equity Power Buffer ETF – October shares last traded at $47.98, with a volume of 52,482 shares.

Innovator U.S. Equity Power Buffer ETF – October Trading Up 0.8%

The company has a market capitalization of $1.13 billion, a P/E ratio of 24.00 and a beta of 0.40. The company’s fifty day moving average is $47.87 and its 200 day moving average is $46.03.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – October

A number of large investors have recently made changes to their positions in POCT. Wellington Grp LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – October in the first quarter valued at $27,000. Community Financial Services Group LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October during the 2nd quarter valued at $39,000. IFG Advisory LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – October during the 3rd quarter worth about $65,000. Noble Wealth Management PBC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – October during the 3rd quarter worth about $112,000. Finally, Grove Bank & Trust purchased a new stake in Innovator U.S. Equity Power Buffer ETF – October during the 3rd quarter worth about $136,000.

About Innovator U.S. Equity Power Buffer ETF – October

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.