Envestnet Asset Management Inc. Acquires 15,294 Shares of Innovator Laddered Allocation Buffer ETF (BATS:BUFB)

Envestnet Asset Management Inc. boosted its holdings in shares of Innovator Laddered Allocation Buffer ETF (BATS:BUFB) by 9.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 169,508 shares of the company’s stock after acquiring an additional 15,294 shares during the period. Envestnet Asset Management Inc. owned approximately 2.54% of Innovator Laddered Allocation Buffer ETF worth $5,326,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BUFB. Bellwether Advisors LLC bought a new position in Innovator Laddered Allocation Buffer ETF during the fourth quarter worth about $110,000. Chapman Financial Group LLC acquired a new stake in shares of Innovator Laddered Allocation Buffer ETF in the 4th quarter valued at about $213,000. Advisor Resource Council acquired a new stake in shares of Innovator Laddered Allocation Buffer ETF in the 4th quarter valued at about $217,000. CreativeOne Wealth LLC acquired a new stake in shares of Innovator Laddered Allocation Buffer ETF in the 4th quarter valued at about $227,000. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of Innovator Laddered Allocation Buffer ETF in the 1st quarter valued at about $235,000.

Innovator Laddered Allocation Buffer ETF Price Performance

BUFB opened at $34.45 on Friday. The company has a market capitalization of $214.65 million, a price-to-earnings ratio of 24.89 and a beta of 0.70. The business’s 50-day moving average price is $33.34 and its two-hundred day moving average price is $32.35. Innovator Laddered Allocation Buffer ETF has a 1 year low of $28.23 and a 1 year high of $34.49.

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.