Raymond James & Associates Has $245,000 Stock Position in Innovator IBD 50 ETF (NYSEARCA:FFTY)

Raymond James & Associates reduced its position in shares of Innovator IBD 50 ETF (NYSEARCA:FFTY) by 38.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 10,036 shares of the company’s stock after selling 6,299 shares during the quarter. Raymond James & Associates’ holdings in Innovator IBD 50 ETF were worth $245,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. AFG Fiduciary Services Limited Partnership acquired a new position in shares of Innovator IBD 50 ETF in the 4th quarter worth approximately $209,000. Sigma Planning Corp bought a new position in shares of Innovator IBD 50 ETF during the 3rd quarter worth about $340,000. Tower Research Capital LLC TRC acquired a new stake in shares of Innovator IBD 50 ETF in the 3rd quarter valued at about $367,000. Del Sette Capital Management LLC increased its position in Innovator IBD 50 ETF by 6.4% in the 3rd quarter. Del Sette Capital Management LLC now owns 93,731 shares of the company’s stock valued at $2,098,000 after buying an additional 5,621 shares in the last quarter. Finally, IronBridge Private Wealth LLC raised its stake in Innovator IBD 50 ETF by 127.4% during the 3rd quarter. IronBridge Private Wealth LLC now owns 271,760 shares of the company’s stock worth $6,082,000 after buying an additional 152,271 shares during the period.

Innovator IBD 50 ETF Stock Performance

Shares of NYSEARCA:FFTY opened at $26.34 on Tuesday. The firm has a market cap of $88.24 million, a P/E ratio of 17.12 and a beta of 1.44. Innovator IBD 50 ETF has a 52-week low of $20.55 and a 52-week high of $28.35. The business’s 50 day simple moving average is $26.88 and its two-hundred day simple moving average is $24.85.

About Innovator IBD 50 ETF

The Innovator IBD 50 ETF (FFTY) is an exchange-traded fund that is based on the IBD 50 index. The fund tracks an index of 50 US-listed stocks with aggressive growth characteristics. Holdings are selected based on fundamental and technical rankings FFTY was launched on Apr 9, 2015 and is managed by Innovator.