Insider Buying: Innovator U.S. Equity Ultra Buffer ETF – November (BATS:UNOV) CEO Buys $70,984.10 in Stock

Innovator U.S. Equity Ultra Buffer ETF – November (BATS:UNOV) CEO Giorgio R. Saumat purchased 709,841 shares of Innovator U.S. Equity Ultra Buffer ETF – November stock in a transaction on Thursday, May 2nd. The shares were acquired at an average cost of $0.10 per share, for a total transaction of $70,984.10. Following the completion of the transaction, the chief executive officer now owns 121,118,579 shares of the company’s stock, valued at $12,111,857.90. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Innovator U.S. Equity Ultra Buffer ETF – November Stock Performance

Shares of UNOV stock opened at $32.74 on Monday. The company has a 50 day simple moving average of $32.54 and a two-hundred day simple moving average of $31.73. The stock has a market cap of $54.02 million, a P/E ratio of 23.24 and a beta of 0.50.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. SageView Advisory Group LLC acquired a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – November in the fourth quarter valued at about $13,744,000. Brookstone Capital Management grew its position in Innovator U.S. Equity Ultra Buffer ETF – November by 0.6% in the first quarter. Brookstone Capital Management now owns 84,906 shares of the company’s stock valued at $2,776,000 after acquiring an additional 531 shares in the last quarter. Spire Wealth Management purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – November during the fourth quarter valued at approximately $875,000. Raymond James Financial Services Advisors Inc. lifted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – November by 102.0% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 24,987 shares of the company’s stock worth $791,000 after purchasing an additional 12,620 shares in the last quarter. Finally, Central Valley Advisors LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – November during the fourth quarter worth $662,000.

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

The Innovator U.S. Equity Ultra Buffer ETF – November (UNOV) 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. UNOV was launched on Nov 1, 2019 and is managed by Innovator.