LifeWealth Investments LLC Invests $7.87 Million in Innovator Laddered Fund of U.S. Equity Power Buffer ETFs (BATS:BUFF)

LifeWealth Investments LLC acquired a new stake in shares of Innovator Laddered Fund of U.S. Equity Power Buffer ETFs (BATS:BUFF) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 178,442 shares of the company’s stock, valued at approximately $7,868,000. Innovator Laddered Fund of U.S. Equity Power Buffer ETFs comprises 3.2% of LifeWealth Investments LLC’s holdings, making the stock its 5th largest position.

Other hedge funds have also made changes to their positions in the company. LPL Financial LLC boosted its stake in Innovator Laddered Fund of U.S. Equity Power Buffer ETFs by 44.0% during the fourth quarter. LPL Financial LLC now owns 617,165 shares of the company’s stock worth $27,717,000 after buying an additional 188,475 shares in the last quarter. GGM Financials LLC bought a new position in shares of Innovator Laddered Fund of U.S. Equity Power Buffer ETFs during the 1st quarter worth about $21,458,000. KFG Wealth Management LLC boosted its position in shares of Innovator Laddered Fund of U.S. Equity Power Buffer ETFs by 1.6% during the 1st quarter. KFG Wealth Management LLC now owns 406,844 shares of the company’s stock valued at $17,938,000 after acquiring an additional 6,396 shares in the last quarter. Prasad Wealth Partners LLC acquired a new stake in shares of Innovator Laddered Fund of U.S. Equity Power Buffer ETFs during the 4th quarter valued at about $16,791,000. Finally, Cetera Investment Advisers increased its stake in Innovator Laddered Fund of U.S. Equity Power Buffer ETFs by 5.4% in the fourth quarter. Cetera Investment Advisers now owns 332,071 shares of the company’s stock valued at $14,913,000 after acquiring an additional 16,929 shares during the period.

Innovator Laddered Fund of U.S. Equity Power Buffer ETFs Stock Up 2.5%

BATS:BUFF opened at $46.00 on Wednesday. The firm has a market capitalization of $611.80 million, a PE ratio of 24.31 and a beta of 0.44. 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 firm has a 50-day moving average price of $44.70 and a 200 day moving average price of $44.85.

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

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.