Innovator Nasdaq-100 10 Buffer ETF - Quarterly (NASDAQ:QBUF) Shares Down 0.1% - Here's Why

Key Points

• QBUF shares declined 0.1% to $30.58 on Tuesday, with trading volume down 69% from the average session volume.
• The ETF has a market capitalization of approximately $200.3 million, a P/E ratio of 30.14, and a beta of 0.28; its 50-day moving average is $30.83.
• Several institutional investors increased their holdings during the first quarter, including Centaurus Financial, which raised its position by 14.4%, and Cetera Investment Advisers, which increased its stake by 5.7%.

Innovator Nasdaq-100 10 Buffer ETF - Quarterly (NASDAQ:QBUF - ) shares dropped 0.1% during trading on Tuesday. The company traded as low as $30.57 and last traded at $30.58. Approximately 13,104 shares changed hands during trading, a decline of 69% from the average session volume of 42,850 shares. The stock had previously closed at $30.61.

Innovator Nasdaq-100 10 Buffer ETF - Quarterly Price Performance

The company's 50 day moving average is $30.83 and its two-hundred day moving average is $30.57. The firm has a market cap of $200.30 million, a P/E ratio of 30.14 and a beta of 0.28.

Institutional Trading of Innovator Nasdaq-100 10 Buffer ETF - Quarterly

Hedge funds have recently modified their holdings of the company. Hollencrest Capital Management grew its stake in shares of Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 0.7% in the 1st quarter. Hollencrest Capital Management now owns 1,369,091 shares of the company's stock valued at $39,991,000 after purchasing an additional 9,429 shares during the period. Prasad Wealth Partners LLC grew its position in Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 2.5% in the first quarter. Prasad Wealth Partners LLC now owns 318,818 shares of the company's stock valued at $9,313,000 after acquiring an additional 7,875 shares during the period. Cetera Investment Advisers grew its position in Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 5.7% in the first quarter. Cetera Investment Advisers now owns 195,862 shares of the company's stock valued at $5,721,000 after acquiring an additional 10,503 shares during the period. Sovran Advisors LLC raised its stake in Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 4.3% during the first quarter. Sovran Advisors LLC now owns 145,899 shares of the company's stock worth $4,436,000 after acquiring an additional 6,026 shares in the last quarter. Finally, Centaurus Financial Inc. lifted its holdings in shares of Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 14.4% during the first quarter. Centaurus Financial Inc. now owns 144,611 shares of the company's stock valued at $4,224,000 after acquiring an additional 18,253 shares during the period.

About Innovator Nasdaq-100 10 Buffer ETF - Quarterly

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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