Innovator Lunt Low Vol/High Beta Tactical ETF (LVHB) is an exchange-traded fund that employs a tactical strategy to track an index blending low volatility and high beta stocks within the U.S. equity market, aiming to balance risk-adjusted returns through dynamic allocation; the fund previously held 13 positions with over 83% concentration in its top 10 holdings, focusing on large-cap growth equities. Issued by Innovator Capital Management, LLC, headquartered in Wheaton, Illinois and founded in 2017, LVHB offers investors exposure to strategically selected equities via low-volatility and high-beta components, with a dividend yield of approximately 0.21% as of its last distribution in July 2020. The ETF operates primarily in the U.S. market, targeting institutional and retail investors seeking tactical equity solutions.
In August 2020, LVHB underwent a significant reorganization, including a name change, ticker symbol shift from its prior designation, modification to its underlying index, investment objective, management fee, and overall strategy, to facilitate the launch of the Innovator Laddered Fund of S&P 500 Power Buffer ETFs (BUFF), after which LVHB shares traded under the new BUFF ticker. This transition marked a major strategic pivot for the fund within Innovator's broader suite of defined outcome and buffer ETFs. More recently, as of December 2025, Innovator Capital Management announced its agreement to be acquired by Goldman Sachs for approximately $2 billion, a deal expected to close in Q2 2026, integrating LVHB and Innovator's $28 billion in assets across 159 ETFs into Goldman Sachs Asset Management while retaining existing investment providers.