Envestnet Asset Management Inc. Buys New Stake in Innovator Nasdaq-100 10 Buffer ETF - Quarterly (NASDAQ:QBUF)

Key Points

• Envestnet Asset Management Inc. acquired 13,404 shares of the Innovator Nasdaq-100 10 Buffer ETF Quarterly (NASDAQ:QBUF), valued at approximately $354,000, marking a new position for the firm.
• Several other institutional investors have also recently increased their stakes, with Sunbelt Securities Inc. boosting its holdings by 400%, and new investments coming from Centaurus Financial Inc. and others.
• As of the latest trading session, shares of QBUF traded at $28.13, showing a 52-week range between $24.35 and $28.52, with a market capitalization of approximately $151.34 million.

Envestnet Asset Management Inc. purchased a new stake in shares of Innovator Nasdaq-100 10 Buffer ETF - Quarterly (NASDAQ:QBUF - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 13,404 shares of the company's stock, valued at approximately $354,000. Envestnet Asset Management Inc. owned about 0.39% of Innovator Nasdaq-100 10 Buffer ETF - Quarterly as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in QBUF. SMART Wealth LLC purchased a new position in Innovator Nasdaq-100 10 Buffer ETF - Quarterly during the 1st quarter valued at $11,892,000. Mutual Advisors LLC increased its position in Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 32.7% during the 1st quarter. Mutual Advisors LLC now owns 282,512 shares of the company's stock valued at $7,485,000 after purchasing an additional 69,581 shares during the period. Sovran Advisors LLC purchased a new position in Innovator Nasdaq-100 10 Buffer ETF - Quarterly during the 1st quarter valued at $611,000. Motiv8 Investments LLC purchased a new position in Innovator Nasdaq-100 10 Buffer ETF - Quarterly during the 1st quarter valued at $4,409,000. Finally, Central Valley Advisors LLC increased its position in Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 9.5% during the 1st quarter. Central Valley Advisors LLC now owns 383,483 shares of the company's stock valued at $10,133,000 after purchasing an additional 33,428 shares during the period.

Innovator Nasdaq-100 10 Buffer ETF - Quarterly Stock Up 0.1%

Shares of NASDAQ:QBUF traded up $0.03 during midday trading on Monday, reaching $28.16. The company's stock had a trading volume of 1,705 shares, compared to its average volume of 64,773. The firm has a 50 day moving average of $27.71 and a 200-day moving average of $26.94. The firm has a market capitalization of $151.50 million and a P/E ratio of 30.14. Innovator Nasdaq-100 10 Buffer ETF - Quarterly has a 12-month low of $24.36 and a 12-month high of $28.52.

Innovator Nasdaq-100 10 Buffer ETF - Quarterly Profile

The Innovator Nasdaq-100 10 Buffer ETF Quarterly (QBUF) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to participate in the price movement of the QQQ ETF, up to a cap while buffering the first 10% decline. The fund resets its buffer and cap levels every three months QBUF was launched on Jun 30, 2024 and is issued by Innovator.