HighTower Advisors LLC Has $6.10 Million Stock Position in Innovator Laddered Allocation Buffer ETF (BATS:BUFB)

HighTower Advisors LLC boosted its holdings in Innovator Laddered Allocation Buffer ETF (BATS:BUFB) by 4.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 188,974 shares of the company’s stock after buying an additional 7,775 shares during the quarter. HighTower Advisors LLC owned approximately 0.05% of Innovator Laddered Allocation Buffer ETF worth $6,104,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Encompass More Asset Management bought a new position in shares of Innovator Laddered Allocation Buffer ETF in the third quarter worth about $4,188,000. KFG Wealth Management LLC lifted its stake in Innovator Laddered Allocation Buffer ETF by 172.6% in the 4th quarter. KFG Wealth Management LLC now owns 106,652 shares of the company’s stock valued at $3,445,000 after purchasing an additional 67,535 shares during the last quarter. Capital Asset Advisory Services LLC boosted its position in Innovator Laddered Allocation Buffer ETF by 15.6% in the fourth quarter. Capital Asset Advisory Services LLC now owns 479,977 shares of the company’s stock valued at $15,609,000 after buying an additional 64,838 shares in the last quarter. OFC Financial Planning LLC acquired a new stake in Innovator Laddered Allocation Buffer ETF in the fourth quarter valued at approximately $1,021,000. Finally, MKD Wealth Coaches LLC bought a new stake in shares of Innovator Laddered Allocation Buffer ETF during the fourth quarter worth $508,000.

Innovator Laddered Allocation Buffer ETF Stock Performance

Shares of BUFB opened at $31.44 on Wednesday. Innovator Laddered Allocation Buffer ETF has a 52 week low of $28.54 and a 52 week high of $33.61. The stock has a market capitalization of $206.87 million, a price-to-earnings ratio of 25.54 and a beta of 0.69. The stock has a fifty day moving average of $32.55 and a 200-day moving average of $32.19.

About Innovator Laddered Allocation Buffer ETF

The Innovator Laddered Allocation Buffer ETF (BUFB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of 12 Innovator US Equity Buffer ETFs, which target specific buffered losses and capped gains on the S&P 500. BUFB was launched on Feb 9, 2022 and is managed by Innovator.