Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC raised its position in shares of Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) by 57.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,396 shares of the company’s stock after acquiring an additional 8,939 shares during the quarter. HighTower Advisors LLC owned approximately 1.33% of Innovator Buffer Step-Up Strategy ETF worth $810,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Allworth Financial LP acquired a new position in Innovator Buffer Step-Up Strategy ETF during the fourth quarter worth about $41,000. Nations Financial Group Inc. IA ADV lifted its stake in Innovator Buffer Step-Up Strategy ETF by 10.2% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 52,095 shares of the company’s stock worth $1,730,000 after purchasing an additional 4,820 shares in the last quarter. Barclays PLC acquired a new position in shares of Innovator Buffer Step-Up Strategy ETF during the 3rd quarter worth approximately $177,000. Freedom Investment Management Inc. grew its position in shares of Innovator Buffer Step-Up Strategy ETF by 31.3% in 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. Finally, KFG Wealth Management LLC acquired a new stake in shares of Innovator Buffer Step-Up Strategy ETF in the fourth quarter valued at approximately $245,000.

Innovator Buffer Step-Up Strategy ETF Stock Performance

NYSEARCA BSTP opened at $32.72 on Friday. The stock’s fifty day moving average is $33.48 and its two-hundred day moving average is $33.24. The firm has a market capitalization of $68.71 million, a P/E ratio of 25.46 and a beta of 0.71. Innovator Buffer Step-Up Strategy ETF has a fifty-two week low of $29.28 and a fifty-two week 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.