Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) Shares Bought by Archer Investment Corp

Archer Investment Corp raised its stake in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) by 1.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,458 shares of the company’s stock after purchasing an additional 1,622 shares during the period. Innovator U.S. Equity Ultra Buffer ETF – September comprises 1.1% of Archer Investment Corp’s investment portfolio, making the stock its 18th biggest position. Archer Investment Corp’s holdings in Innovator U.S. Equity Ultra Buffer ETF – September were worth $3,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. UBS Group AG purchased a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the 4th quarter valued at about $113,000. WealthShield Partners LLC purchased a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the 3rd quarter valued at about $167,000. Worth Financial Advisory Group LLC purchased a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the 4th quarter valued at about $200,000. Townsquare Capital LLC purchased a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the 3rd quarter valued at about $211,000. Finally, JPMorgan Chase & Co. purchased a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the 2nd quarter valued at about $234,000.

Innovator U.S. Equity Ultra Buffer ETF – September Price Performance

BATS:USEP traded down $0.01 during mid-day trading on Wednesday, reaching $32.50. 4,970 shares of the stock were exchanged. The company has a 50-day moving average of $32.56 and a 200 day moving average of $31.22. The firm has a market capitalization of $61.10 million, a PE ratio of 24.44 and a beta of 0.56.

Innovator U.S. Equity Ultra Buffer ETF – September Company Profile

The Innovator S&P 500 Ultra Buffer ETF – September (USEP) 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. USEP was launched on Sep 3, 2019 and is managed by Innovator.