Innovator IBD 50 ETF (NYSEARCA:FFTY) Trading Up 1% – Time to Buy?

Shares of Innovator IBD 50 ETF (NYSEARCA:FFTY) traded up 1% during mid-day trading on Thursday . The stock traded as high as $30.86 and last traded at $30.79. 99,586 shares were traded during mid-day trading, an increase of 0% from the average session volume of 99,338 shares. The stock had previously closed at $30.50.

Innovator IBD 50 ETF Price Performance

The business has a 50-day moving average of $29.56 and a 200 day moving average of $27.74. The company has a market capitalization of $100.07 million, a PE ratio of 18.67 and a beta of 1.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. International Assets Investment Management LLC grew its stake in shares of Innovator IBD 50 ETF by 2,590.0% in the 3rd quarter. International Assets Investment Management LLC now owns 26,900 shares of the company’s stock worth $724,000 after buying an additional 25,900 shares in the last quarter. IHT Wealth Management LLC lifted its holdings in shares of Innovator IBD 50 ETF by 70.8% in the 3rd quarter. IHT Wealth Management LLC now owns 66,688 shares of the company’s stock valued at $1,784,000 after acquiring an additional 27,637 shares during the last quarter. Cowa LLC purchased a new position in Innovator IBD 50 ETF in the second quarter worth about $266,000. Del Sette Capital Management LLC increased its stake in Innovator IBD 50 ETF by 114.8% during the second quarter. Del Sette Capital Management LLC now owns 233,088 shares of the company’s stock worth $6,473,000 after acquiring an additional 124,582 shares during the last quarter. Finally, Jane Street Group LLC raised its position in Innovator IBD 50 ETF by 51.5% during the third quarter. Jane Street Group LLC now owns 49,781 shares of the company’s stock valued at $1,339,000 after purchasing an additional 16,912 shares during the period.

About Innovator IBD 50 ETF

The Innovator IBD 50 ETF (FFTY) is an exchange-traded fund that is based on the IBD 50 index. The fund tracks an index of 50 US-listed stocks with aggressive growth characteristics. Holdings are selected based on fundamental and technical rankings FFTY was launched on Apr 9, 2015 and is managed by Innovator.