Brookstone Capital Management Grows Position in Innovator U.S. Equity Ultra Buffer ETF – May (BATS:UMAY)

Brookstone Capital Management lifted its position in Innovator U.S. Equity Ultra Buffer ETF – May (BATS:UMAY) by 1,489.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 535,820 shares of the company’s stock after acquiring an additional 502,118 shares during the quarter. Brookstone Capital Management owned approximately 38.83% of Innovator U.S. Equity Ultra Buffer ETF – May worth $17,284,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in UMAY. Raymond James Financial Services Advisors Inc. purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – May in the 4th quarter valued at about $291,000. Commonwealth Equity Services LLC increased its position in shares of Innovator U.S. Equity Ultra Buffer ETF – May by 2.8% during the first quarter. Commonwealth Equity Services LLC now owns 83,840 shares of the company’s stock valued at $2,537,000 after acquiring an additional 2,256 shares during the last quarter. Cetera Advisors LLC lifted its holdings in Innovator U.S. Equity Ultra Buffer ETF – May by 5.4% during the first quarter. Cetera Advisors LLC now owns 10,440 shares of the company’s stock worth $316,000 after acquiring an additional 538 shares during the period. RFG Advisory LLC purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – May in the second quarter worth $213,000. Finally, Triad Wealth Partners LLC bought a new position in Innovator U.S. Equity Ultra Buffer ETF – May in the 2nd quarter valued at $97,000.

Innovator U.S. Equity Ultra Buffer ETF – May Price Performance

Shares of Innovator U.S. Equity Ultra Buffer ETF – May stock traded up $0.07 during trading hours on Friday, hitting $32.37. 2,556 shares of the company’s stock traded hands. The stock has a market capitalization of $44.67 million, a PE ratio of 23.35 and a beta of 0.36. The stock’s 50-day moving average is $31.96 and its two-hundred day moving average is $30.97.

Innovator U.S. Equity Ultra Buffer ETF – May Profile

The Innovator S&P 500 Ultra Buffer ETF – May (UMAY) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. UMAY was launched on May 1, 2020 and is managed by Innovator.