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

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

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allworth Financial LP acquired a new stake in Innovator Buffer Step-Up Strategy ETF in the fourth quarter valued at $41,000. Barclays PLC purchased a new position in shares of Innovator Buffer Step-Up Strategy ETF in the 3rd quarter valued at about $177,000. KFG Wealth Management LLC acquired a new stake in shares of Innovator Buffer Step-Up Strategy ETF in the fourth quarter valued at about $245,000. Merit Financial Group LLC purchased a new stake in Innovator Buffer Step-Up Strategy ETF during the fourth quarter worth about $564,000. Finally, Freedom Investment Management Inc. grew its position in Innovator Buffer Step-Up Strategy ETF by 31.3% during the third quarter. Freedom Investment Management Inc. now owns 26,077 shares of the company’s stock worth $853,000 after buying an additional 6,220 shares during the period.

Innovator Buffer Step-Up Strategy ETF Trading Up 0.1 %

Shares of Innovator Buffer Step-Up Strategy ETF stock opened at $32.72 on Friday. The company has a 50-day moving average of $33.48 and a two-hundred day moving average of $33.24. Innovator Buffer Step-Up Strategy ETF has a 12-month low of $29.28 and a 12-month high of $34.69. The stock has a market cap of $68.71 million, a PE ratio of 25.46 and a beta of 0.71.

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.