IMG Wealth Management Inc. Takes Position in Innovator U.S. Equity Ultra Buffer ETF – October (BATS:UOCT)

IMG Wealth Management Inc. bought a new position in Innovator U.S. Equity Ultra Buffer ETF – October (BATS:UOCT) in the fourth quarter, HoldingsChannel reports. The fund bought 60,644 shares of the company’s stock, valued at approximately $2,139,000. Innovator U.S. Equity Ultra Buffer ETF – October makes up about 2.0% of IMG Wealth Management Inc.’s portfolio, making the stock its 14th largest position.

A number of other hedge funds have also bought and sold shares of the business. Brookstone Capital Management grew its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – October by 2,007.3% in the fourth quarter. Brookstone Capital Management now owns 871,112 shares of the company’s stock worth $30,731,000 after acquiring an additional 829,774 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – October during the 4th quarter valued at about $13,144,000. Encompass More Asset Management bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – October in the 4th quarter worth approximately $5,821,000. Donald L. Hagan LLC purchased a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – October in the fourth quarter worth approximately $3,563,000. Finally, Sigma Planning Corp bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – October during the fourth quarter valued at approximately $1,607,000.

Innovator U.S. Equity Ultra Buffer ETF – October Stock Down 3.3 %

Shares of UOCT opened at $34.62 on Friday. Innovator U.S. Equity Ultra Buffer ETF – October has a 52 week low of $33.15 and a 52 week high of $36.17. The stock has a market cap of $200.07 million, a price-to-earnings ratio of 25.60 and a beta of 0.33. The business has a 50-day simple moving average of $35.55 and a two-hundred day simple moving average of $35.28.

Innovator U.S. Equity Ultra Buffer ETF – October Profile

The Innovator S&P 500 Ultra Buffer ETF – October (UOCT) 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. UOCT was launched on Oct 1, 2018 and is managed by Innovator.