Focus Financial Network Inc. Increases Position in Innovator Laddered Fund of U.S. Equity Power Buffer ETFs (BATS:BUFF)

Focus Financial Network Inc. lifted its stake in Innovator Laddered Fund of U.S. Equity Power Buffer ETFs (BATS:BUFF) by 12.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 60,126 shares of the company’s stock after acquiring an additional 6,558 shares during the period. Focus Financial Network Inc. owned 0.46% of Innovator Laddered Fund of U.S. Equity Power Buffer ETFs worth $2,651,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Golden State Wealth Management LLC bought a new position in Innovator Laddered Fund of U.S. Equity Power Buffer ETFs in the fourth quarter worth about $25,000. NBC Securities Inc. bought a new position in shares of Innovator Laddered Fund of U.S. Equity Power Buffer ETFs during the 1st quarter worth approximately $41,000. Chapman Financial Group LLC purchased a new stake in Innovator Laddered Fund of U.S. Equity Power Buffer ETFs during the fourth quarter valued at approximately $123,000. IFP Advisors Inc boosted its stake in Innovator Laddered Fund of U.S. Equity Power Buffer ETFs by 6.0% in the fourth quarter. IFP Advisors Inc now owns 4,949 shares of the company’s stock valued at $222,000 after acquiring an additional 279 shares in the last quarter. Finally, Bedel Financial Consulting Inc. purchased a new position in Innovator Laddered Fund of U.S. Equity Power Buffer ETFs in the fourth quarter worth $240,000.

Innovator Laddered Fund of U.S. Equity Power Buffer ETFs Trading Up 2.7%

Shares of BUFF stock opened at $46.12 on Thursday. Innovator Laddered Fund of U.S. Equity Power Buffer ETFs has a 12-month low of $40.55 and a 12-month high of $46.71. The business’s fifty day simple moving average is $44.37 and its 200-day simple moving average is $44.83. The company has a market cap of $613.33 million, a PE ratio of 24.31 and a beta of 0.44.

About Innovator Laddered Fund of U.S. Equity Power Buffer ETFs

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.