Innovator Laddered Allocation Buffer ETF $BUFB Shares Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. boosted its stake in shares of Innovator Laddered Allocation Buffer ETF (BATS:BUFB) by 932.5% in the first quarter, Holdings Channel reports. The fund owned 139,589 shares of the company’s stock after purchasing an additional 126,070 shares during the period. Raymond James Financial Inc.’s holdings in Innovator Laddered Allocation Buffer ETF were worth $4,386,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. NFP Retirement Inc. lifted its holdings in shares of Innovator Laddered Allocation Buffer ETF by 3.6% during the first quarter. NFP Retirement Inc. now owns 74,049 shares of the company’s stock worth $2,327,000 after purchasing an additional 2,559 shares during the period. HighTower Advisors LLC lifted its holdings in shares of Innovator Laddered Allocation Buffer ETF by 4.7% during the first quarter. HighTower Advisors LLC now owns 197,784 shares of the company’s stock worth $6,214,000 after purchasing an additional 8,810 shares during the period. Syntegra Private Wealth Group LLC lifted its holdings in shares of Innovator Laddered Allocation Buffer ETF by 131.3% during the first quarter. Syntegra Private Wealth Group LLC now owns 151,099 shares of the company’s stock worth $4,748,000 after purchasing an additional 85,772 shares during the period. Encompass More Asset Management lifted its stake in shares of Innovator Laddered Allocation Buffer ETF by 11.7% in the 1st quarter. Encompass More Asset Management now owns 167,469 shares of the company’s stock worth $5,262,000 after acquiring an additional 17,522 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of Innovator Laddered Allocation Buffer ETF by 27.0% in the 1st quarter. LPL Financial LLC now owns 300,945 shares of the company’s stock worth $9,456,000 after acquiring an additional 63,905 shares during the period.

Innovator Laddered Allocation Buffer ETF Stock Performance

BUFB stock opened at $35.06 on Friday. Innovator Laddered Allocation Buffer ETF has a one year low of $28.23 and a one year high of $34.49. The stock has a market capitalization of $218.42 million, a PE ratio of 24.89 and a beta of 0.70. The company has a fifty day moving average of $34.48 and a 200-day moving average of $32.77.

Innovator Laddered Allocation Buffer ETF 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.