Focus Financial Network Inc. Trims Stock Holdings in Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT)

Focus Financial Network Inc. lowered its position in shares of Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) by 16.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,891 shares of the company’s stock after selling 3,863 shares during the quarter. Focus Financial Network Inc. owned about 0.12% of Innovator U.S. Equity Power Buffer ETF – October worth $787,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of POCT. Sugarloaf Wealth Management LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – October by 16.9% during the 4th quarter. Sugarloaf Wealth Management LLC now owns 24,832 shares of the company’s stock valued at $983,000 after acquiring an additional 3,589 shares during the period. Ameritas Advisory Services LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – October during the fourth quarter valued at approximately $633,000. Concourse Financial Group Securities Inc. purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – October during the third quarter valued at approximately $28,000. Brookstone Capital Management boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – October by 509.6% in the 4th quarter. Brookstone Capital Management now owns 952,820 shares of the company’s stock worth $37,700,000 after purchasing an additional 796,523 shares in the last quarter. Finally, Advisory Alpha LLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – October by 461.8% in the 4th quarter. Advisory Alpha LLC now owns 80,679 shares of the company’s stock worth $3,192,000 after buying an additional 66,318 shares during the last quarter.

Innovator U.S. Equity Power Buffer ETF – October Trading Up 2.1 %

POCT stock opened at $40.24 on Thursday. The company has a market cap of $657.10 million, a price-to-earnings ratio of 24.69 and a beta of 0.37. The company’s fifty day moving average is $39.91 and its 200 day moving average is $39.31.

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 is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. POCT was launched on Oct 1, 2018 and is managed by Innovator.