Sovran Advisors LLC Increases Position in Innovator U.S. Equity Ultra Buffer ETF – September $USEP

Sovran Advisors LLC lifted its position in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) by 3.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 621,789 shares of the company’s stock after buying an additional 20,722 shares during the period. Innovator U.S. Equity Ultra Buffer ETF – September comprises 2.1% of Sovran Advisors LLC’s holdings, making the stock its 4th largest position. Sovran Advisors LLC owned 17.13% of Innovator U.S. Equity Ultra Buffer ETF – September worth $24,210,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vantage Point Financial LLC acquired a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September during the second quarter worth about $211,000. Nations Financial Group Inc. IA ADV acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the third quarter valued at approximately $493,000. Brookstone Capital Management increased its position in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 3,110.0% during the third quarter. Brookstone Capital Management now owns 1,589,985 shares of the company’s stock worth $61,485,000 after acquiring an additional 1,540,452 shares in the last quarter. Central Valley Advisors LLC raised its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 26.4% during the third quarter. Central Valley Advisors LLC now owns 72,551 shares of the company’s stock worth $2,806,000 after acquiring an additional 15,135 shares during the period. Finally, PFG Advisors bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – September in the 2nd quarter valued at $524,000.

Innovator U.S. Equity Ultra Buffer ETF – September Trading Up 0.2%

USEP stock opened at $39.52 on Monday. The stock has a market cap of $143.46 million, a PE ratio of 24.18 and a beta of 0.40. The stock has a 50-day moving average price of $39.21 and a two-hundred day moving average price of $38.56. Innovator U.S. Equity Ultra Buffer ETF – September has a 1 year low of $32.42 and a 1 year high of $37.50.

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.