Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Shares Bought by Cornerstone Wealth Group LLC

Cornerstone Wealth Group LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) by 11.7% during the 4th quarter, HoldingsChannel reports. The firm owned 26,606 shares of the company’s stock after acquiring an additional 2,786 shares during the period. Cornerstone Wealth Group LLC’s holdings in Innovator U.S. Equity Power Buffer ETF – October were worth $1,053,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. Sugarloaf Wealth Management LLC grew its position in Innovator U.S. Equity Power Buffer ETF – October by 16.9% in the 4th quarter. Sugarloaf Wealth Management LLC now owns 24,832 shares of the company’s stock valued at $983,000 after buying an additional 3,589 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October in the fourth quarter valued at about $633,000. Concourse Financial Group Securities Inc. purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October in the third quarter valued at about $28,000. Brookstone Capital Management increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – October by 509.6% during the fourth quarter. Brookstone Capital Management now owns 952,820 shares of the company’s stock worth $37,700,000 after acquiring an additional 796,523 shares during the period. Finally, Advisory Alpha LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – October by 461.8% during the fourth quarter. Advisory Alpha LLC now owns 80,679 shares of the company’s stock worth $3,192,000 after purchasing an additional 66,318 shares in the last quarter.

Innovator U.S. Equity Power Buffer ETF – October Price Performance

Shares of POCT opened at $40.28 on Monday. The firm has a fifty day simple moving average of $39.79 and a 200 day simple moving average of $39.16. The stock has a market cap of $657.84 million, a price-to-earnings ratio of 24.69 and a beta of 0.37.

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