MML Investors Services LLC Has $587,000 Stake in Innovator Laddered Allocation Buffer ETF (BATS:BUFB)

MML Investors Services LLC grew its stake in shares of Innovator Laddered Allocation Buffer ETF (BATS:BUFB) by 10.4% in the third quarter, Holdings Channel reports. The institutional investor owned 18,581 shares of the company’s stock after purchasing an additional 1,749 shares during the period. MML Investors Services LLC’s holdings in Innovator Laddered Allocation Buffer ETF were worth $587,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Cetera Investment Advisers increased its holdings in Innovator Laddered Allocation Buffer ETF by 41.7% in the 2nd quarter. Cetera Investment Advisers now owns 61,847 shares of the company’s stock valued at $1,888,000 after buying an additional 18,186 shares during the period. Cambridge Investment Research Advisors Inc. boosted its position in shares of Innovator Laddered Allocation Buffer ETF by 92.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 34,522 shares of the company’s stock valued at $1,054,000 after acquiring an additional 16,591 shares in the last quarter. Concourse Financial Group Securities Inc. increased its stake in Innovator Laddered Allocation Buffer ETF by 23.3% in the second quarter. Concourse Financial Group Securities Inc. now owns 2,932 shares of the company’s stock valued at $89,000 after acquiring an additional 555 shares during the period. HighTower Advisors LLC raised its position in Innovator Laddered Allocation Buffer ETF by 8.6% in the third quarter. HighTower Advisors LLC now owns 181,199 shares of the company’s stock worth $5,721,000 after purchasing an additional 14,333 shares in the last quarter. Finally, Axxcess Wealth Management LLC bought a new position in Innovator Laddered Allocation Buffer ETF during the second quarter worth about $593,000.

Innovator Laddered Allocation Buffer ETF Stock Up 0.6 %

BATS BUFB opened at $32.37 on Monday. The firm’s fifty day moving average is $32.26 and its 200 day moving average is $31.35. The firm has a market capitalization of $119.10 million, a P/E ratio of 24.59 and a beta of 0.70.

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.