Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Sets New 52-Week High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $46.74 and last traded at $46.73, with a volume of 25294 shares trading hands. The stock had previously closed at $46.60.

Innovator U.S. Equity Power Buffer ETF – October Trading Up 0.3%

The company has a market capitalization of $938.74 million, a PE ratio of 24.14 and a beta of 0.37. The stock’s fifty day moving average is $46.33 and its two-hundred day moving average is $45.03.

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

Several large investors have recently modified their holdings of the stock. Alliancebernstein L.P. lifted its stake in Innovator U.S. Equity Power Buffer ETF – October by 10.6% in the third quarter. Alliancebernstein L.P. now owns 1,983,829 shares of the company’s stock valued at $85,503,000 after purchasing an additional 190,348 shares during the last quarter. Cerity Partners LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – October by 36.3% during the 4th quarter. Cerity Partners LLC now owns 1,577,949 shares of the company’s stock valued at $69,304,000 after buying an additional 420,361 shares during the last quarter. Osaic Holdings Inc. grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – October by 13.1% during the 4th quarter. Osaic Holdings Inc. now owns 795,864 shares of the company’s stock worth $34,954,000 after acquiring an additional 92,441 shares during the period. Commonwealth Equity Services LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – October by 18.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 781,573 shares of the company’s stock valued at $34,327,000 after acquiring an additional 122,334 shares during the period. Finally, Allworth Financial LP purchased a new stake in Innovator U.S. Equity Power Buffer ETF – October during the fourth quarter valued at about $26,678,000.

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.