Innovator Nasdaq-100 10 Buffer ETF - Quarterly (NASDAQ:QBUF) Trading Down 0.3% - Here's What Happened

Key Points

• QBUF shares fell 0.3% to $30.65 on Thursday, trading between $30.59 and $30.65. Volume was approximately 23,307 shares, 45% below the average session volume.
• The ETF has a market capitalization of $165.51 million, a beta of 0.28, and 50-day and 200-day moving averages of $30.57 and $30.12, respectively.
• Several institutional investors increased their positions, including Triumph Capital Management, MTM Financial Group, Sugar Maple Asset Management, and MML Investors Services. QBUF seeks to track QQQ’s gains up to a cap while buffering the first 10% of losses, with quarterly resets.

Innovator Nasdaq-100 10 Buffer ETF - Quarterly (NASDAQ:QBUF - )'s share price dropped 0.3% on Thursday . The company traded as low as $30.59 and last traded at $30.65. Approximately 23,307 shares changed hands during trading, a decline of 45% from the average session volume of 42,250 shares. The stock had previously closed at $30.75.

Innovator Nasdaq-100 10 Buffer ETF - Quarterly Price Performance

The firm has a market capitalization of $165.51 million, a price-to-earnings ratio of 30.14 and a beta of 0.28. The firm has a 50 day moving average price of $30.57 and a 200-day moving average price of $30.12.

Institutional Investors Weigh In On Innovator Nasdaq-100 10 Buffer ETF - Quarterly

Hedge funds have recently bought and sold shares of the stock. Kestra Private Wealth Services LLC lifted its position in shares of Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 0.5% during the 4th quarter. Kestra Private Wealth Services LLC now owns 72,243 shares of the company's stock worth $2,118,000 after purchasing an additional 348 shares during the last quarter. Triumph Capital Management increased its holdings in Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 8.0% in the third quarter. Triumph Capital Management now owns 13,751 shares of the company's stock valued at $395,000 after buying an additional 1,022 shares during the last quarter. MTM Financial Group LLC increased its holdings in Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 10.2% in the first quarter. MTM Financial Group LLC now owns 13,236 shares of the company's stock valued at $387,000 after buying an additional 1,220 shares during the last quarter. Sugar Maple Asset Management LLC increased its holdings in Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 6.5% in the first quarter. Sugar Maple Asset Management LLC now owns 24,516 shares of the company's stock valued at $716,000 after buying an additional 1,500 shares during the last quarter. Finally, MML Investors Services LLC raised its stake in Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 8.4% in the fourth quarter. MML Investors Services LLC now owns 21,334 shares of the company's stock valued at $625,000 after buying an additional 1,654 shares in the last quarter.

Innovator Nasdaq-100 10 Buffer ETF - Quarterly Company 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.

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