HighTower Advisors LLC raised its stake in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP – Free Report) by 8.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,457 shares of the company’s stock after purchasing an additional 1,259 shares during the quarter. HighTower Advisors LLC owned about 0.84% of Innovator Buffer Step-Up Strategy ETF worth $507,000 at the end of the most recent quarter.
Several other institutional investors also recently made changes to their positions in BSTP. Chris Bulman Inc purchased a new position in Innovator Buffer Step-Up Strategy ETF in the second quarter valued at approximately $156,000. FSA Advisors Inc. raised its stake in shares of Innovator Buffer Step-Up Strategy ETF by 8.9% in the 3rd quarter. FSA Advisors Inc. now owns 7,939 shares of the company’s stock valued at $260,000 after acquiring an additional 648 shares during the period. Diversify Wealth Management LLC purchased a new position in Innovator Buffer Step-Up Strategy ETF in the third quarter valued at about $307,000. Zimmermann Investment Management & Planning LLC raised its stake in shares of Innovator Buffer Step-Up Strategy ETF by 4.1% during the second quarter. Zimmermann Investment Management & Planning LLC now owns 12,720 shares of the company’s stock valued at $399,000 after purchasing an additional 506 shares during the period. Finally, Freedom Investment Management Inc. boosted its position in Innovator Buffer Step-Up Strategy ETF by 31.3% in the 3rd quarter. Freedom Investment Management Inc. now owns 26,077 shares of the company’s stock valued at $853,000 after buying an additional 6,220 shares during the last quarter.
Innovator Buffer Step-Up Strategy ETF Trading Up 0.8 %
BSTP stock opened at $33.37 on Friday. The company has a market capitalization of $61.07 million, a P/E ratio of 24.26 and a beta of 0.68. The firm has a 50 day simple moving average of $33.33 and a 200-day simple moving average of $32.28. Innovator Buffer Step-Up Strategy ETF has a twelve month low of $28.10 and a twelve month high of $34.69.
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.
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