Innovator Buffer Step-Up Strategy ETF $BSTP Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. decreased its position in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) by 5.8% during the 2nd quarter, Holdings Channel reports. The fund owned 27,109 shares of the company’s stock after selling 1,672 shares during the quarter. Freedom Investment Management Inc.’s holdings in Innovator Buffer Step-Up Strategy ETF were worth $936,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in BSTP. FSA Advisors Inc. acquired a new stake in Innovator Buffer Step-Up Strategy ETF in the first quarter valued at approximately $222,000. Signature Estate & Investment Advisors LLC raised its holdings in Innovator Buffer Step-Up Strategy ETF by 9.7% in the first quarter. Signature Estate & Investment Advisors LLC now owns 17,753 shares of the company’s stock valued at $574,000 after acquiring an additional 1,571 shares in the last quarter. OLD Mission Capital LLC raised its holdings in Innovator Buffer Step-Up Strategy ETF by 132.6% in the first quarter. OLD Mission Capital LLC now owns 22,882 shares of the company’s stock valued at $740,000 after acquiring an additional 13,045 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Innovator Buffer Step-Up Strategy ETF by 2.9% during the first quarter. Envestnet Asset Management Inc. now owns 25,010 shares of the company’s stock worth $809,000 after purchasing an additional 710 shares in the last quarter. Finally, HighTower Advisors LLC raised its holdings in Innovator Buffer Step-Up Strategy ETF by 3.2% during the first quarter. HighTower Advisors LLC now owns 25,166 shares of the company’s stock worth $814,000 after purchasing an additional 770 shares in the last quarter.

Innovator Buffer Step-Up Strategy ETF Trading Up 0.5%

BSTP stock opened at $36.74 on Friday. Innovator Buffer Step-Up Strategy ETF has a twelve month low of $29.54 and a twelve month high of $36.80. The company’s 50 day moving average is $36.04 and its two-hundred day moving average is $34.46. The stock has a market cap of $56.95 million, a P/E ratio of 23.53 and a beta of -0.71.

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.