D.B. Root & Company LLC raised its position in shares of Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP – Free Report) by 15.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 220,024 shares of the company’s stock after purchasing an additional 29,904 shares during the period. Innovator Buffer Step-Up Strategy ETF accounts for approximately 2.2% of D.B. Root & Company LLC’s holdings, making the stock its 8th biggest position. D.B. Root & Company LLC owned approximately 13.75% of Innovator Buffer Step-Up Strategy ETF worth $7,600,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. HighTower Advisors LLC boosted its stake in Innovator Buffer Step-Up Strategy ETF by 3.2% during the 1st quarter. HighTower Advisors LLC now owns 25,166 shares of the company’s stock valued at $814,000 after purchasing an additional 770 shares during the period. FSA Advisors Inc. acquired a new position in Innovator Buffer Step-Up Strategy ETF during the 1st quarter valued at about $222,000. Brookstone Capital Management boosted its stake in Innovator Buffer Step-Up Strategy ETF by 4.6% during the 1st quarter. Brookstone Capital Management now owns 251,319 shares of the company’s stock valued at $8,130,000 after purchasing an additional 11,009 shares during the period. Rovin Capital UT ADV acquired a new position in Innovator Buffer Step-Up Strategy ETF during the 1st quarter valued at about $3,530,000. Finally, Signature Estate & Investment Advisors LLC boosted its stake in Innovator Buffer Step-Up Strategy ETF by 9.7% during the 1st quarter. Signature Estate & Investment Advisors LLC now owns 17,753 shares of the company’s stock valued at $574,000 after purchasing an additional 1,571 shares during the period.
Innovator Buffer Step-Up Strategy ETF Stock Up 0.0%
Innovator Buffer Step-Up Strategy ETF stock opened at $36.45 on Monday. The firm has a 50-day moving average price of $35.69 and a two-hundred day moving average price of $34.03. The firm has a market capitalization of $56.50 million, a price-to-earnings ratio of 23.53 and a beta of -0.71. Innovator Buffer Step-Up Strategy ETF has a 52-week low of $29.54 and a 52-week high of $36.53.
Innovator Buffer Step-Up Strategy ETF Company Profile
The Innovator Buffer Step-Up Strategy ETF (BSTP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for exposure to the SPDR S&P 500 ETF Trust (SPY) with buffered losses and gains through the active use of FLEX options, rebalanced monthly. The fund intends to opportunistically reset its portfolio prior to the one-year expiration date of the options.
Further Reading
- Five stocks we like better than Innovator Buffer Step-Up Strategy ETF
- Short Selling – The Pros and Cons
- 3 Defense Stocks Surging as Ukraine Tensions Deepen
- What is the Hang Seng index?
- Starbucks Stock Slumps; This Competitor Shows Strength
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- The Trade Desk: 2 Signs of a Comeback, 1 Risk Ahead
Receive News & Ratings for Innovator Buffer Step-Up Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innovator Buffer Step-Up Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.