KFG Wealth Management LLC Has $2.36 Million Position in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP)

KFG Wealth Management LLC raised its stake in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) by 68.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 75,299 shares of the company’s stock after purchasing an additional 30,544 shares during the period. Innovator U.S. Equity Ultra Buffer ETF – September accounts for approximately 1.1% of KFG Wealth Management LLC’s investment portfolio, making the stock its 23rd biggest position. KFG Wealth Management LLC owned approximately 3.20% of Innovator U.S. Equity Ultra Buffer ETF – September worth $2,358,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of USEP. Cetera Investment Advisers boosted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 1.6% in the fourth quarter. Cetera Investment Advisers now owns 27,021 shares of the company’s stock valued at $713,000 after acquiring an additional 415 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 2.8% in the first quarter. Commonwealth Equity Services LLC now owns 25,682 shares of the company’s stock valued at $706,000 after acquiring an additional 708 shares during the period. Archer Investment Corp boosted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 1.5% in the fourth quarter. Archer Investment Corp now owns 106,458 shares of the company’s stock valued at $3,334,000 after acquiring an additional 1,622 shares during the period. UBS Group AG bought a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the fourth quarter valued at about $113,000. Finally, Citadel Advisors LLC boosted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 24.7% in the second quarter. Citadel Advisors LLC now owns 22,272 shares of the company’s stock valued at $653,000 after acquiring an additional 4,411 shares during the period.

Innovator U.S. Equity Ultra Buffer ETF – September Stock Performance

Shares of Innovator U.S. Equity Ultra Buffer ETF – September stock traded down $0.15 during trading on Friday, reaching $32.22. The company’s stock had a trading volume of 4,804 shares. The firm’s 50 day moving average price is $32.57 and its 200-day moving average price is $31.23. The firm has a market capitalization of $60.57 million, a price-to-earnings ratio of 24.44 and a beta of 0.56.

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

The Innovator S&P 500 Ultra Buffer ETF – September (USEP) 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. USEP was launched on Sep 3, 2019 and is managed by Innovator.