First Commonwealth Financial Corp PA Sells 26,686 Shares of Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT)

First Commonwealth Financial Corp PA cut its stake in Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) by 54.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,386 shares of the company’s stock after selling 26,686 shares during the period. First Commonwealth Financial Corp PA owned about 0.18% of Innovator U.S. Equity Power Buffer ETF – October worth $749,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. UBS Group AG purchased a new stake in Innovator U.S. Equity Power Buffer ETF – October during the fourth quarter valued at about $26,000. WealthPlan Investment Management LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – October during the first quarter valued at about $30,000. JPMorgan Chase & Co. purchased a new stake in Innovator U.S. Equity Power Buffer ETF – October during the fourth quarter valued at about $51,000. Fiduciary Alliance LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – October during the second quarter valued at about $70,000. Finally, CWM LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – October during the first quarter valued at about $96,000.

Innovator U.S. Equity Power Buffer ETF – October Stock Performance

BATS POCT traded down $0.02 during trading on Friday, hitting $35.09. 114,235 shares of the company’s stock traded hands. The business’s 50-day moving average price is $34.11 and its two-hundred day moving average price is $33.50. The firm has a market cap of $448.10 million, a price-to-earnings ratio of 19.63 and a beta of 0.43.

Innovator U.S. Equity Power Buffer ETF – October Company Profile

The Innovator S&P 500 Power Buffer ETF – October (POCT) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. POCT was launched on Oct 1, 2018 and is managed by Innovator.