ETFs

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

Published October 25, 2024

McAdam LLC has increased its holdings in the Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) by 4.4% during the third quarter of 2024. This information comes from the firm's latest 13F filing with the Securities and Exchange Commission. After acquiring an additional 350 shares, McAdam LLC now owns a total of 8,217 shares in the ETF, which is valued at approximately $320,000, representing about 0.05% of the total fund.

Other institutional investors and hedge funds have also begun to buy and sell shares of this ETF. For instance, Envestnet Asset Management Inc. increased its stake by 21.1% in the second quarter, adding 40,172 shares to own a total of 230,952 shares worth around $8,843,000. Motiv8 Investments LLC also raised its position by 4.3% during the same period, now holding 213,481 shares valued at $8,174,000 after acquiring an additional 8,897 shares.

Additionally, AA Financial Advisors LLC raised its holdings by 5.8% in the third quarter, resulting in ownership of 184,688 shares worth $7,194,000 after purchasing an extra 10,095 shares. Cetera Investment Advisers made a significant move in the first quarter, increasing its stake by a staggering 945.3%, now owning 170,232 shares valued at $6,382,000 after acquiring an additional 153,947 shares. Janney Montgomery Scott LLC also expanded its investment by 7.7% in the first quarter, holding 121,490 shares worth about $4,555,000, following a purchase of 8,656 additional shares.

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

As of the last trading session, POCT opened at $39.14. The ETF has shown a 50-day moving average price of $38.88 and a two-hundred day moving average price of $38.32. The Innovator U.S. Equity Power Buffer ETF has a market capitalization of $639.16 million, a price-to-earnings ratio of 24.69, and a beta of 0.37.

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

The Innovator S&P 500 Power Buffer ETF – October (POCT) is an exchange-traded fund that tracks the S&P 500 Price Return index. It aims to provide specific buffered losses and capped gains on the S&P 500 over predetermined holding periods. As an actively managed fund, it utilizes options and other collateral to achieve its investment goals. Launched on October 1, 2018, it is managed by Innovator.

Further Information

To stay updated on other hedge funds holding POCT, you can visit financial news websites for the latest 13F filings and insider trades associated with Innovator U.S. Equity Power Buffer ETF – October.

ETF, Investment, Stocks