Envestnet Asset Management Inc. Cuts Stake in Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG)

Envestnet Asset Management Inc. lowered its position in Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) by 14.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 400,964 shares of the company’s stock after selling 67,495 shares during the quarter. Envestnet Asset Management Inc. owned approximately 2.00% of Innovator U.S. Equity Power Buffer ETF – August worth $14,639,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. CoreCap Advisors LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August during the second quarter valued at approximately $4,792,000. Chris Bulman Inc purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August during the second quarter valued at approximately $1,143,000. Signature Estate & Investment Advisors LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August during the second quarter valued at approximately $280,000. Fiduciary Financial Group LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August during the second quarter valued at approximately $1,388,000. Finally, Fiduciary Alliance LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August during the second quarter valued at approximately $211,000.

Innovator U.S. Equity Power Buffer ETF – August Stock Performance

BATS:PAUG opened at $37.78 on Wednesday. The company’s fifty day moving average is $36.93 and its 200 day moving average is $36.13. The stock has a market capitalization of $755.60 million, a price-to-earnings ratio of 24.90 and a beta of 0.61.

Innovator U.S. Equity Power Buffer ETF – August Company Profile

The Innovator U.S. Equity Power Buffer ETF – August (PAUG) 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. PAUG was launched on Aug 1, 2019 and is managed by Innovator.