Cambridge Advisors Inc. Acquires 1,777 Shares of Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP)

Cambridge Advisors Inc. raised its holdings in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) by 2.0% in the third quarter, Holdings Channel reports. The firm owned 92,430 shares of the company’s stock after purchasing an additional 1,777 shares during the period. Innovator Buffer Step-Up Strategy ETF accounts for 0.7% of Cambridge Advisors Inc.’s investment portfolio, making the stock its 27th largest holding. Cambridge Advisors Inc. owned about 0.05% of Innovator Buffer Step-Up Strategy ETF worth $3,024,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Brookstone Capital Management grew its stake in Innovator Buffer Step-Up Strategy ETF by 6.4% in the 3rd quarter. Brookstone Capital Management now owns 241,163 shares of the company’s stock valued at $7,891,000 after purchasing an additional 14,491 shares during the period. Sunbelt Securities Inc. grew its stake in shares of Innovator Buffer Step-Up Strategy ETF by 10.8% during the 2nd quarter. Sunbelt Securities Inc. now owns 200,754 shares of the company’s stock worth $6,298,000 after acquiring an additional 19,550 shares during the period. Chris Bulman Inc bought a new position in shares of Innovator Buffer Step-Up Strategy ETF during the 2nd quarter worth $156,000. Zimmermann Investment Management & Planning LLC increased its holdings in Innovator Buffer Step-Up Strategy ETF by 4.1% in the 2nd quarter. Zimmermann Investment Management & Planning LLC now owns 12,720 shares of the company’s stock worth $399,000 after acquiring an additional 506 shares during the last quarter. Finally, D.B. Root & Company LLC increased its holdings in Innovator Buffer Step-Up Strategy ETF by 73.5% in the 2nd quarter. D.B. Root & Company LLC now owns 138,522 shares of the company’s stock worth $4,345,000 after acquiring an additional 58,665 shares during the last quarter.

Innovator Buffer Step-Up Strategy ETF Stock Performance

Shares of BSTP opened at $32.89 on Friday. The business has a 50-day moving average of $32.34 and a 200 day moving average of $31.34. Innovator Buffer Step-Up Strategy ETF has a fifty-two week low of $25.60 and a fifty-two week high of $34.69. The firm has a market cap of $60.19 million, a P/E ratio of 24.26 and a beta of 0.68.

Innovator Buffer Step-Up Strategy ETF Profile

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.