Cornerstone Advisors Asset Management LLC Sells 35,112 Shares of Innovator U.S. Equity Power Buffer ETF – November $PNOV

Cornerstone Advisors Asset Management LLC decreased its position in Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) by 50.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 35,112 shares of the company’s stock after selling 35,112 shares during the quarter. Cornerstone Advisors Asset Management LLC’s holdings in Innovator U.S. Equity Power Buffer ETF – November were worth $1,442,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in PNOV. Assetmark Inc. bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – November during the second quarter valued at about $46,000. Phillips Financial Management LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – November in the 2nd quarter valued at about $48,000. Global Wealth Strategies & Associates bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – November during the 3rd quarter worth approximately $64,000. EP Wealth Advisors LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – November during the 2nd quarter worth approximately $120,000. Finally, Jane Street Group LLC boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – November by 6.6% in the 1st quarter. Jane Street Group LLC now owns 13,787 shares of the company’s stock worth $513,000 after buying an additional 848 shares during the last quarter.

Innovator U.S. Equity Power Buffer ETF – November Trading Up 0.4%

Shares of PNOV opened at $42.27 on Tuesday. The company has a market capitalization of $713.45 million, a price-to-earnings ratio of 24.05 and a beta of 0.45. The stock has a 50 day moving average of $41.87 and a 200 day moving average of $41.17. Innovator U.S. Equity Power Buffer ETF – November has a 12 month low of $34.19 and a 12 month high of $40.10.

Innovator U.S. Equity Power Buffer ETF – November Profile

The Innovator U.S. Equity Power Buffer ETF – November (PNOV) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. PNOV was launched on Nov 1, 2019 and is managed by Innovator.