Red Crane Wealth Management LLC Purchases New Shares in Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT)

Red Crane Wealth Management LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) in the 4th quarter, HoldingsChannel.com reports. The firm bought 61,029 shares of the company’s stock, valued at approximately $2,415,000. Innovator U.S. Equity Power Buffer ETF – October comprises approximately 2.3% of Red Crane Wealth Management LLC’s portfolio, making the stock its 18th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Siligmueller & Norvid Wealth Advisors LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – October during the fourth quarter worth $5,421,000. IFP Advisors Inc boosted its stake in Innovator U.S. Equity Power Buffer ETF – October by 49.8% in the fourth quarter. IFP Advisors Inc now owns 52,699 shares of the company’s stock valued at $2,085,000 after acquiring an additional 17,523 shares during the last quarter. WealthShield Partners LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October in the 4th quarter worth approximately $155,000. BCGM Wealth Management LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – October by 47.5% in the fourth quarter. BCGM Wealth Management LLC now owns 12,425 shares of the company’s stock valued at $492,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Ascent Wealth Partners LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – October during the fourth quarter valued at $316,000.

Innovator U.S. Equity Power Buffer ETF – October Trading Up 1.4 %

BATS POCT opened at $39.99 on Wednesday. The company has a 50-day simple moving average of $39.98 and a 200 day simple moving average of $39.45. The company has a market capitalization of $836.99 million, a price-to-earnings ratio of 27.21 and a beta of 0.41.

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.