Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) Shares Purchased by KFG Wealth Management LLC

KFG Wealth Management LLC increased its position in shares of Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) by 12.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 456,987 shares of the company’s stock after acquiring an additional 49,532 shares during the period. Innovator Power Buffer Step-Up Strategy ETF accounts for 5.9% of KFG Wealth Management LLC’s holdings, making the stock its 4th biggest position. KFG Wealth Management LLC owned 0.17% of Innovator Power Buffer Step-Up Strategy ETF worth $12,890,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lineweaver Wealth Advisors LLC acquired a new position in shares of Innovator Power Buffer Step-Up Strategy ETF in the third quarter worth $4,464,000. Aire Advisors LLC raised its holdings in shares of Innovator Power Buffer Step-Up Strategy ETF by 12.3% in the third quarter. Aire Advisors LLC now owns 376,320 shares of the company’s stock worth $10,031,000 after acquiring an additional 41,110 shares during the last quarter. Krilogy Financial LLC raised its holdings in shares of Innovator Power Buffer Step-Up Strategy ETF by 13.0% in the fourth quarter. Krilogy Financial LLC now owns 241,100 shares of the company’s stock worth $6,801,000 after acquiring an additional 27,770 shares during the last quarter. Cambridge Investment Research Advisors Inc. acquired a new position in shares of Innovator Power Buffer Step-Up Strategy ETF in the third quarter worth $399,000. Finally, Citadel Advisors LLC acquired a new position in shares of Innovator Power Buffer Step-Up Strategy ETF in the second quarter worth $324,000.

Innovator Power Buffer Step-Up Strategy ETF Stock Down 0.4 %

Shares of NYSEARCA:PSTP traded down $0.11 during midday trading on Friday, reaching $28.85. The company’s stock had a trading volume of 4,157 shares, compared to its average volume of 10,861. The firm has a market cap of $83.09 million, a price-to-earnings ratio of 23.32 and a beta of 0.50. Innovator Power Buffer Step-Up Strategy ETF has a 1 year low of $25.85 and a 1 year high of $29.55. The business has a 50 day moving average price of $29.18 and a 200 day moving average price of $28.16.

Innovator Power Buffer Step-Up Strategy ETF Profile

The Innovator Power Buffer Step-Up Strategy ETF (PSTP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trus index. The fund aims for buffered losses and gains on the SPDR S&P 500 ETF Trust (SPY) through the active use of FLEX options, which it rebalances monthly. The fund intends to opportunistically reset its portfolio prior to the one-year expiration date of the options.