Allworth Financial LP Purchases New Stake in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP)

Allworth Financial LP acquired a new position in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 1,204 shares of the company’s stock, valued at approximately $41,000. Allworth Financial LP owned about 0.07% of Innovator Buffer Step-Up Strategy ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. HighTower Advisors LLC grew its position in shares of Innovator Buffer Step-Up Strategy ETF by 8.9% in the 3rd quarter. HighTower Advisors LLC now owns 15,457 shares of the company’s stock worth $507,000 after buying an additional 1,259 shares during the period. Nations Financial Group Inc. IA ADV grew its position in Innovator Buffer Step-Up Strategy ETF by 5.2% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 47,275 shares of the company’s stock worth $1,547,000 after purchasing an additional 2,319 shares during the period. Capstone Triton Financial Group LLC boosted its position in Innovator Buffer Step-Up Strategy ETF by 11.2% in the third quarter. Capstone Triton Financial Group LLC now owns 34,755 shares of the company’s stock worth $1,137,000 after purchasing an additional 3,494 shares during the last quarter. Barclays PLC purchased a new stake in Innovator Buffer Step-Up Strategy ETF during the third quarter valued at approximately $177,000. Finally, Freedom Investment Management Inc. lifted its position in Innovator Buffer Step-Up Strategy ETF by 31.3% during the third quarter. Freedom Investment Management Inc. now owns 26,077 shares of the company’s stock valued at $853,000 after purchasing an additional 6,220 shares in the last quarter.

Innovator Buffer Step-Up Strategy ETF Price Performance

Shares of BSTP stock opened at $33.70 on Wednesday. The company’s fifty day moving average price is $33.75 and its 200-day moving average price is $33.11. Innovator Buffer Step-Up Strategy ETF has a one year low of $29.27 and a one year high of $34.69. The company has a market capitalization of $61.67 million, a price-to-earnings ratio of 24.26 and a beta of 0.68.

About Innovator Buffer Step-Up Strategy ETF

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.