Raymond James Financial Inc. Takes $437,000 Position in Innovator Laddered Allocation Buffer ETF (BATS:BUFB)

Raymond James Financial Inc. bought a new position in shares of Innovator Laddered Allocation Buffer ETF (BATS:BUFB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 13,519 shares of the company’s stock, valued at approximately $437,000.

Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in shares of Innovator Laddered Allocation Buffer ETF by 97.7% in the 4th quarter. LPL Financial LLC now owns 237,040 shares of the company’s stock worth $7,657,000 after acquiring an additional 117,162 shares in the last quarter. KFG Wealth Management LLC raised its holdings in shares of Innovator Laddered Allocation Buffer ETF by 172.6% during the fourth quarter. KFG Wealth Management LLC now owns 106,652 shares of the company’s stock valued at $3,445,000 after purchasing an additional 67,535 shares during the period. Capital Asset Advisory Services LLC boosted its position in shares of Innovator Laddered Allocation Buffer ETF by 15.6% during the 4th quarter. Capital Asset Advisory Services LLC now owns 479,977 shares of the company’s stock worth $15,609,000 after purchasing an additional 64,838 shares in the last quarter. GWN Securities Inc. acquired a new stake in shares of Innovator Laddered Allocation Buffer ETF in the 4th quarter valued at about $1,945,000. Finally, Axxcess Wealth Management LLC increased its position in Innovator Laddered Allocation Buffer ETF by 14.7% in the 4th quarter. Axxcess Wealth Management LLC now owns 467,850 shares of the company’s stock valued at $15,112,000 after buying an additional 59,877 shares in the last quarter.

Innovator Laddered Allocation Buffer ETF Stock Performance

BUFB stock opened at $31.50 on Friday. The stock’s 50 day simple moving average is $31.01 and its 200 day simple moving average is $32.01. The company has a market cap of $210.42 million, a P/E ratio of 24.14 and a beta of 0.69. Innovator Laddered Allocation Buffer ETF has a fifty-two week low of $28.23 and a fifty-two week high of $33.61.

About Innovator Laddered Allocation Buffer ETF

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.