Innovator U.S. Equity Buffer ETF
BOCT
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 109 N. Hale Street Wheaton IL United States of America 60187
- IPO Date
- Oct 1, 2018
- Website
- innovatoretfs.com
- Similar Companies
- Business
- Innovator Capital Management, LLC (Innovator) is an asset management firm that issues and manages exchange-traded funds (ETFs), including the Innovator U.S. Equity Buffer ETF - October (BOCT), a defined outcome ETF seeking to track the price return of the SPDR S&P 500 ETF Trust (SPY), up to a predetermined cap, while providing a buffer against the first 9% of SPY losses over a one-year outcome period (October to October); the firm offers a broad suite of Defined Outcome ETFs encompassing U.S. Equity Buffer ETFs, Power Buffer ETFs, Ultra Buffer ETFs, 100% Buffer ETFs, and Dual Directional ETFs across monthly, quarterly, and annual periods; additional products include international developed markets buffers, small cap buffers, and equity strategies tied to underlying indices or ETFs like the iShares Russell 2000 ETF or iShares MSCI EAFE ETF. Headquartered in Wheaton, Illinois, Innovator was founded in 2017 by Bruce Bond and John Southard, pioneers of the PowerShares ETF lineup, and operates as a privately held company managing over $28 billion in assets across more than 150 ETFs as of late 2025; the firm targets financial advisors, institutional investors, and individual investors seeking risk-managed equity exposure with built-in downside protection and capped upside potential; products utilize FLEX options strategies on underlying ETFs, emphasizing sectors like information technology through SPY exposure, with geographic focus primarily on U.S. markets alongside select international offerings. In a major strategic development announced on November 30, 2025, Goldman Sachs agreed to acquire Innovator for approximately $2 billion in a cash-and-stock transaction expected to close in the second quarter of 2026, integrating Innovator's ETF platform into Goldman Sachs Asset & Wealth Management to expand its defined outcome ETF capabilities and position it as a top active ETF provider; this follows Innovator's recent product expansions, including the September 2025 launches of the Innovator Equity Dual Directional 10 Buffer ETF – October (DDTO), Dual Directional 15 Buffer ETF – October (DDFO), and 100% Buffer ETF – October (TOCT), enhancing its lineup of strategies offering positive returns in both market directions or full downside protection; Innovator's ETFs are distributed by Foreside Fund Services, LLC, with no immediate changes to investment management post-acquisition.