IOCT Breaks Through to New 52-Week High at $32.52!

The Innovator International Developed Power Buffer ETF - October (IOCT.P) is designed to provide investors with specific buffered losses and capped gains based on the MSCI EAFE Index over a defined holding period. This actively-managed fund employs options and collateral as part of its investment strategy. Recently, the ETF has seen a notable inflow of capital, with a net fund flow of $22,641.19 from regular orders and $16,101.11 from block orders, indicating strong investor interest and confidence in this particular ETF.

The ETF has reached a new 52-week high of $32.52, reflecting its strong performance in the current market environment.

On the technical side, IOCT.P is experiencing a bullish trend as evidenced by the occurrence of a golden cross in both MACD and KDJ indicators. This suggests that the ETF is currently in a strong upward momentum, making it an attractive option for investors looking for growth.

While the Innovator International Developed Power Buffer ETF presents significant opportunities, including its active management strategy and favorable technical indicators, investors should remain cautious of potential market volatility and external economic factors that could impact performance.