Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lessened its stake in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTPFree Report) by 4.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 77,260 shares of the company’s stock after selling 3,312 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Innovator Buffer Step-Up Strategy ETF were worth $2,566,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of BSTP. Allworth Financial LP bought a new stake in Innovator Buffer Step-Up Strategy ETF in the fourth quarter valued at about $41,000. Barclays PLC bought a new stake in shares of Innovator Buffer Step-Up Strategy ETF in the 3rd quarter valued at approximately $177,000. KFG Wealth Management LLC acquired a new stake in shares of Innovator Buffer Step-Up Strategy ETF during the 4th quarter valued at approximately $245,000. HighTower Advisors LLC lifted its stake in Innovator Buffer Step-Up Strategy ETF by 8.9% during the third quarter. HighTower Advisors LLC now owns 15,457 shares of the company’s stock worth $507,000 after purchasing an additional 1,259 shares during the last quarter. Finally, Merit Financial Group LLC acquired a new position in Innovator Buffer Step-Up Strategy ETF in the fourth quarter worth $564,000.

Innovator Buffer Step-Up Strategy ETF Price Performance

BSTP stock opened at $32.69 on Thursday. The firm has a fifty day moving average price of $33.50 and a two-hundred day moving average price of $33.24. Innovator Buffer Step-Up Strategy ETF has a 1-year low of $29.28 and a 1-year high of $34.69. The firm has a market cap of $68.65 million, a price-to-earnings ratio of 25.46 and a beta of 0.71.

Innovator Buffer Step-Up Strategy ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP)

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