Innovator Laddered Allocation Power Buffer ETF (BATS:BUFF) Hits New 1-Year High – Here’s Why

by · The Markets Daily

Innovator Laddered Allocation Power Buffer ETF (BATS:BUFFGet Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $54.32 and last traded at $53.7550, with a volume of 15462 shares traded. The stock had previously closed at $53.88.

Innovator Laddered Allocation Power Buffer ETF Stock Down 0.2%

The company’s 50 day moving average price is $53.24 and its 200 day moving average price is $51.90. The firm has a market capitalization of $806.61 million, a price-to-earnings ratio of 24.31 and a beta of 0.44.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of BUFF. NewEdge Advisors LLC boosted its position in Innovator Laddered Allocation Power Buffer ETF by 9.6% in the first quarter. NewEdge Advisors LLC now owns 9,966 shares of the company’s stock valued at $439,000 after buying an additional 875 shares during the last quarter. Jane Street Group LLC acquired a new stake in Innovator Laddered Allocation Power Buffer ETF during the 1st quarter valued at approximately $962,000. Diversify Wealth Management LLC increased its stake in shares of Innovator Laddered Allocation Power Buffer ETF by 11.9% in the second quarter. Diversify Wealth Management LLC now owns 33,248 shares of the company’s stock worth $1,595,000 after acquiring an additional 3,545 shares during the period. MML Investors Services LLC increased its stake in shares of Innovator Laddered Allocation Power Buffer ETF by 2.7% in the second quarter. MML Investors Services LLC now owns 91,966 shares of the company’s stock worth $4,322,000 after acquiring an additional 2,379 shares during the period. Finally, Captrust Financial Advisors raised its holdings in shares of Innovator Laddered Allocation Power Buffer ETF by 16.9% during the second quarter. Captrust Financial Advisors now owns 18,126 shares of the company’s stock worth $852,000 after purchasing an additional 2,615 shares during the last quarter.

About Innovator Laddered Allocation Power Buffer ETF

(Get Free Report)

The Innovator Laddered Allocation Power Buffer ETF (BUFF) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of Innovators twelve monthly Power Buffer ETFs, which targets specific buffered losses and capped gains on the S&P 500. BUFF was launched on Oct 20, 2016 and is managed by Innovator.

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