Focus Financial Network Inc. Sells 649 Shares of Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP)

Focus Financial Network Inc. reduced its holdings in shares of Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) by 3.0% during the first quarter, Holdings Channel reports. The fund owned 21,295 shares of the company’s stock after selling 649 shares during the period. Focus Financial Network Inc.’s holdings in Innovator U.S. Equity Power Buffer ETF – September were worth $818,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. IFP Advisors Inc lifted its position in Innovator U.S. Equity Power Buffer ETF – September by 1.3% in the fourth quarter. IFP Advisors Inc now owns 46,430 shares of the company’s stock valued at $1,815,000 after purchasing an additional 600 shares during the last quarter. Wells Fargo & Company MN bought a new stake in Innovator U.S. Equity Power Buffer ETF – September in the fourth quarter valued at approximately $33,000. Avantax Advisory Services Inc. lifted its position in Innovator U.S. Equity Power Buffer ETF – September by 2.1% in the fourth quarter. Avantax Advisory Services Inc. now owns 49,394 shares of the company’s stock valued at $1,931,000 after purchasing an additional 1,000 shares during the last quarter. LPL Financial LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – September by 0.6% in the fourth quarter. LPL Financial LLC now owns 187,937 shares of the company’s stock valued at $7,346,000 after purchasing an additional 1,110 shares during the last quarter. Finally, WorthPointe LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 30.0% in the fourth quarter. WorthPointe LLC now owns 7,397 shares of the company’s stock valued at $289,000 after acquiring an additional 1,705 shares during the period.

Innovator U.S. Equity Power Buffer ETF – September Trading Up 5.1%

PSEP stock opened at $40.16 on Friday. The firm’s 50-day moving average price is $38.73 and its two-hundred day moving average price is $39.04. Innovator U.S. Equity Power Buffer ETF – September has a 12-month low of $35.45 and a 12-month high of $40.32. The stock has a market capitalization of $718.06 million, a price-to-earnings ratio of 25.05 and a beta of 0.48.

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

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