Brookstone Capital Management Has $30.85 Million Position in Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP)

Brookstone Capital Management lifted its holdings in Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) by 731.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 800,666 shares of the company’s stock after acquiring an additional 704,413 shares during the period. Brookstone Capital Management owned approximately 4.17% of Innovator U.S. Equity Power Buffer ETF – September worth $30,850,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in PSEP. Schulz Wealth LTD. bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – September in the 1st quarter worth about $205,000. RFG Advisory LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – September in the 1st quarter worth about $1,008,000. CreativeOne Wealth LLC raised its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 284.0% in the 1st quarter. CreativeOne Wealth LLC now owns 55,768 shares of the company’s stock worth $2,036,000 after acquiring an additional 41,245 shares in the last quarter. First Commonwealth Financial Corp PA raised its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 5.5% in the 1st quarter. First Commonwealth Financial Corp PA now owns 68,873 shares of the company’s stock worth $2,514,000 after acquiring an additional 3,563 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. raised its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 56.3% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 15,819 shares of the company’s stock worth $577,000 after acquiring an additional 5,700 shares in the last quarter.

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

PSEP stock opened at $38.39 on Wednesday. The stock has a fifty day simple moving average of $37.91 and a 200-day simple moving average of $37.29. The company has a market cap of $737.09 million, a price-to-earnings ratio of 24.15 and a beta of 0.60.

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

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.