Encompass More Asset Management Increases Stock Holdings in Innovator Laddered Allocation Buffer ETF (BATS:BUFB)

Encompass More Asset Management raised its holdings in Innovator Laddered Allocation Buffer ETF (BATS:BUFB) by 13.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 149,947 shares of the company’s stock after acquiring an additional 17,347 shares during the quarter. Innovator Laddered Allocation Buffer ETF makes up about 1.6% of Encompass More Asset Management’s holdings, making the stock its 14th largest holding. Encompass More Asset Management’s holdings in Innovator Laddered Allocation Buffer ETF were worth $4,843,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Thrivent Financial for Lutherans increased its holdings in Innovator Laddered Allocation Buffer ETF by 0.5% in the second quarter. Thrivent Financial for Lutherans now owns 165,725 shares of the company’s stock valued at $5,058,000 after buying an additional 826 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Innovator Laddered Allocation Buffer ETF by 41.7% during the 2nd quarter. Cetera Investment Advisers now owns 61,847 shares of the company’s stock valued at $1,888,000 after acquiring an additional 18,186 shares during the period. Continuum Wealth Advisors LLC increased its stake in shares of Innovator Laddered Allocation Buffer ETF by 25.0% in the 3rd quarter. Continuum Wealth Advisors LLC now owns 23,214 shares of the company’s stock valued at $733,000 after purchasing an additional 4,640 shares in the last quarter. Capital Wealth Management LLC raised its holdings in Innovator Laddered Allocation Buffer ETF by 7.3% in the 3rd quarter. Capital Wealth Management LLC now owns 85,087 shares of the company’s stock worth $2,687,000 after purchasing an additional 5,774 shares during the period. Finally, Syntegra Private Wealth Group LLC raised its holdings in Innovator Laddered Allocation Buffer ETF by 8.6% in the 3rd quarter. Syntegra Private Wealth Group LLC now owns 59,184 shares of the company’s stock worth $1,869,000 after purchasing an additional 4,707 shares during the period.

Innovator Laddered Allocation Buffer ETF Stock Performance

Shares of BUFB opened at $33.09 on Friday. The firm has a market capitalization of $121.76 million, a price-to-earnings ratio of 24.59 and a beta of 0.70. The firm has a 50 day simple moving average of $32.51 and a 200 day simple moving average of $31.68.

Innovator Laddered Allocation Buffer ETF Profile

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.