Brookstone Capital Management Reduces Stock Position in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP)

Brookstone Capital Management decreased its position in shares of Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) by 0.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 240,310 shares of the company’s stock after selling 853 shares during the quarter. Brookstone Capital Management owned 13.13% of Innovator Buffer Step-Up Strategy ETF worth $7,981,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Barclays PLC purchased a new stake in Innovator Buffer Step-Up Strategy ETF during the third quarter worth $177,000. HighTower Advisors LLC boosted its position in shares of Innovator Buffer Step-Up Strategy ETF by 8.9% in the 3rd quarter. HighTower Advisors LLC now owns 15,457 shares of the company’s stock worth $507,000 after buying an additional 1,259 shares in the last quarter. Freedom Investment Management Inc. grew its stake in Innovator Buffer Step-Up Strategy ETF by 31.3% in the 3rd quarter. Freedom Investment Management Inc. now owns 26,077 shares of the company’s stock valued at $853,000 after acquiring an additional 6,220 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in Innovator Buffer Step-Up Strategy ETF by 5.2% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 47,275 shares of the company’s stock valued at $1,547,000 after acquiring an additional 2,319 shares in the last quarter. Finally, D.B. Root & Company LLC raised its position in Innovator Buffer Step-Up Strategy ETF by 21.6% during the third quarter. D.B. Root & Company LLC now owns 168,377 shares of the company’s stock worth $5,509,000 after acquiring an additional 29,855 shares during the last quarter.

Innovator Buffer Step-Up Strategy ETF Price Performance

Shares of NYSEARCA BSTP opened at $33.11 on Tuesday. The firm’s 50-day moving average is $33.51 and its two-hundred day moving average is $32.55. Innovator Buffer Step-Up Strategy ETF has a 12-month low of $28.31 and a 12-month high of $34.69. The company has a market capitalization of $60.59 million, a PE 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.