Wells Fargo & Company MN recently acquired a new stake in the Innovator MSCI EAFE Power Buffer ETF – July (IJUL), joining other institutional investors increasing their positions. The ETF, which currently trades near its 52-week high at $30.30, has seen its market capitalization rise to $145 million, reflecting growing demand for risk-managed international equity exposure.

The Innovator MSCI EAFE Power Buffer ETF – July has consistently delivered on its defined outcome promise, providing capped upside and a 15% downside buffer over annual periods. During volatile markets, such as early 2020, IJUL significantly reduced drawdowns compared to the MSCI EAFE Index, highlighting its value as a defensive international allocation.

Strong investor interest has propelled assets under management for the Innovator MSCI EAFE Power Buffer ETF – July to over $143 million. The fund’s strategy of offering capped returns with a built-in buffer has attracted both retail and institutional investors seeking to manage risk in international developed markets while maintaining equity exposure.