McAdam LLC Increases Holdings in Innovator U.S. Equity Power Buffer ETF – October

McAdam LLC has increased its stake in the Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) by 4.4% during the third quarter, based on the firm’s latest 13F filing with the Securities and Exchange Commission. Following this acquisition, McAdam LLC now owns 8,217 shares of POCT, having acquired an additional 350 shares during this period. At the end of the quarter, this holding represented approximately 0.05% of the total shares of the company, valued at around $320,000.

In addition to McAdam LLC, several other institutional investors and hedge funds have also taken steps to buy and sell shares of the Innovator ETF. For instance, Envestnet Asset Management Inc. boosted its investment in the Innovator U.S. Equity Power Buffer ETF – October by 21.1% in the second quarter, bringing its total ownership to 230,952 shares valued at $8,843,000 after an increase of 40,172 shares. Another firm, Motiv8 Investments LLC, raised its ownership by 4.3% during the same quarter, holding 213,481 shares worth $8,174,000 after acquiring an extra 8,897 shares.

In the third quarter, AA Financial Advisors LLC also raised its stake by 5.8%, with a total of 184,688 shares valued at $7,194,000 after purchasing an additional 10,095 shares. Furthermore, Cetera Investment Advisers showed a considerable increase with a 945.3% rise in its investment in the first quarter, now owning 170,232 shares valued at $6,382,000 following an acquisition of 153,947 shares. Lastly, Janney Montgomery Scott LLC also increased its stake by 7.7% in the first quarter, holding 121,490 shares worth $4,555,000 after purchasing an additional 8,656 shares.

Current Stock Performance of Innovator U.S. Equity Power Buffer ETF – October

The Innovator U.S. Equity Power Buffer ETF – October currently trades at $39.14. The stock has a 50-day moving average of $38.88 and a 200-day moving average of $38.32. The market capitalization for the ETF stands at $639.16 million, with a price-to-earnings (PE) ratio of 24.69 and a beta value of 0.37, indicating its volatility relative to the overall market.

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

The Innovator U.S. Equity Power Buffer ETF – October (POCT) is an exchange-traded fund that tracks the S&P 500 Price Return index. The fund is designed to provide specific buffered losses and capped gains on the S&P 500 over a designated holding period. As an actively managed fund, it holds options and collateral. The ETF was launched on October 1, 2018, and is managed by Innovator.

Further Reading

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For more detailed information on the hedge funds holding Innovator U.S. Equity Power Buffer ETF – October, the latest 13F filings can be found on various financial channels.

ETF, Investment, Hedgefund