IHT Wealth Management LLC boosted its position in shares of Innovator IBD 50 ETF (NYSEARCA:FFTY – Free Report) by 70.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 66,688 shares of the company’s stock after acquiring an additional 27,637 shares during the period. IHT Wealth Management LLC’s holdings in Innovator IBD 50 ETF were worth $1,784,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FFTY. International Assets Investment Management LLC bought a new position in Innovator IBD 50 ETF during the second quarter valued at approximately $28,000. Cowa LLC bought a new position in Innovator IBD 50 ETF during the second quarter valued at approximately $266,000. Great Valley Advisor Group Inc. bought a new position in Innovator IBD 50 ETF during the second quarter valued at approximately $1,422,000. Finally, Del Sette Capital Management LLC lifted its stake in shares of Innovator IBD 50 ETF by 114.8% in the 2nd quarter. Del Sette Capital Management LLC now owns 233,088 shares of the company’s stock valued at $6,473,000 after purchasing an additional 124,582 shares during the last quarter.
Innovator IBD 50 ETF Price Performance
NYSEARCA:FFTY opened at $31.77 on Thursday. The firm has a market capitalization of $103.25 million, a price-to-earnings ratio of 18.67 and a beta of 1.50. Innovator IBD 50 ETF has a 1 year low of $22.95 and a 1 year high of $31.94. The business has a 50 day simple moving average of $28.55 and a 200-day simple moving average of $27.47.
Innovator IBD 50 ETF Profile
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.
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Want to see what other hedge funds are holding FFTY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Innovator IBD 50 ETF (NYSEARCA:FFTY – Free Report).
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