Sunbelt Securities Inc. Buys Shares of 9,990 Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP)

Sunbelt Securities Inc. purchased a new position in Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP – Get Rating) during the third quarter, HoldingsChannel reports. The firm purchased 9,990 shares of the company’s stock, valued at approximately $236,000.

Other large investors also recently modified their holdings of the company. Commonwealth Equity Services LLC lifted its holdings in Innovator Power Buffer Step-Up Strategy ETF by 73.7% in the third quarter. Commonwealth Equity Services LLC now owns 173,557 shares of the company’s stock valued at $4,093,000 after acquiring an additional 73,637 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Innovator Power Buffer Step-Up Strategy ETF by 7.7% in the third quarter. Envestnet Asset Management Inc. now owns 62,746 shares of the company’s stock worth $1,480,000 after buying an additional 4,500 shares during the last quarter. Sigma Planning Corp purchased a new position in shares of Innovator Power Buffer Step-Up Strategy ETF in the third quarter worth approximately $4,691,000. UBS Group AG grew its position in Innovator Power Buffer Step-Up Strategy ETF by 2,406.1% during the third quarter. UBS Group AG now owns 1,654 shares of the company’s stock valued at $39,000 after buying an additional 1,588 shares during the period. Finally, IFP Advisors Inc purchased a new stake in Innovator Power Buffer Step-Up Strategy ETF during the third quarter valued at approximately $56,000.

Innovator Power Buffer Step-Up Strategy ETF Price Performance

Shares of Innovator Power Buffer Step-Up Strategy ETF stock opened at $25.24 on Friday. Innovator Power Buffer Step-Up Strategy ETF has a 1-year low of $23.30 and a 1-year high of $26.90. The company’s fifty day simple moving average is $25.55 and its 200-day simple moving average is $24.96. The stock has a market capitalization of $44.17 million, a PE ratio of 19.63 and a beta of 0.54.

Innovator Power Buffer Step-Up Strategy ETF Company Profile

(Get Rating)

The Innovator Power Buffer Step-Up Strategy ETF (PSTP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trus index. The fund aims for buffered losses and gains on the SPDR S&P 500 ETF Trust (SPY) through the active use of FLEX options, which it rebalances monthly. The fund intends to opportunistically reset its portfolio prior to the one-year expiration date of the options.