Truist Financial Corp Cuts Stock Holdings in Innovator Laddered Allocation Buffer ETF (BATS:BUFB)

Truist Financial Corp lowered its stake in Innovator Laddered Allocation Buffer ETF (BATS:BUFB) by 77.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,681 shares of the company’s stock after selling 61,798 shares during the period. Truist Financial Corp owned approximately 0.48% of Innovator Laddered Allocation Buffer ETF worth $571,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of BUFB. Kingsview Wealth Management LLC bought a new position in Innovator Laddered Allocation Buffer ETF during the 4th quarter worth approximately $212,000. HighTower Advisors LLC boosted its stake in shares of Innovator Laddered Allocation Buffer ETF by 8.6% during the third quarter. HighTower Advisors LLC now owns 181,199 shares of the company’s stock valued at $5,721,000 after purchasing an additional 14,333 shares during the period. Axxcess Wealth Management LLC grew its holdings in shares of Innovator Laddered Allocation Buffer ETF by 1,998.3% in the third quarter. Axxcess Wealth Management LLC now owns 407,973 shares of the company’s stock worth $12,884,000 after purchasing an additional 388,530 shares during the last quarter. Atlas Private Wealth Advisors purchased a new position in shares of Innovator Laddered Allocation Buffer ETF in the fourth quarter worth $227,000. Finally, Encompass More Asset Management raised its holdings in Innovator Laddered Allocation Buffer ETF by 13.1% during the 4th quarter. Encompass More Asset Management now owns 149,947 shares of the company’s stock valued at $4,843,000 after buying an additional 17,347 shares during the last quarter.

Innovator Laddered Allocation Buffer ETF Stock Down 1.5 %

Shares of BUFB opened at $32.53 on Monday. The stock has a market cap of $214.70 million, a PE ratio of 26.56 and a beta of 0.69. The firm’s fifty day moving average price is $32.74 and its two-hundred day moving average price is $32.13.

Innovator Laddered Allocation Buffer ETF Company 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.