Rovin Capital UT ADV Trims Holdings in Innovator Buffer Step-Up Strategy ETF $BSTP

Rovin Capital UT ADV lowered its position in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) by 4.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 104,092 shares of the company’s stock after selling 5,042 shares during the period. Innovator Buffer Step-Up Strategy ETF makes up approximately 1.1% of Rovin Capital UT ADV’s investment portfolio, making the stock its 21st largest holding. Rovin Capital UT ADV owned 0.07% of Innovator Buffer Step-Up Strategy ETF worth $3,595,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in Innovator Buffer Step-Up Strategy ETF by 6.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 26,622 shares of the company’s stock worth $920,000 after purchasing an additional 1,612 shares during the period. Triton Financial Group Inc purchased a new position in Innovator Buffer Step-Up Strategy ETF during the second quarter valued at approximately $1,502,000. D.B. Root & Company LLC raised its position in Innovator Buffer Step-Up Strategy ETF by 15.7% during the second quarter. D.B. Root & Company LLC now owns 220,024 shares of the company’s stock valued at $7,600,000 after acquiring an additional 29,904 shares in the last quarter. Signature Estate & Investment Advisors LLC lifted 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 during the period. Finally, OLD Mission Capital LLC boosted its position in Innovator Buffer Step-Up Strategy ETF by 132.6% in the 1st quarter. OLD Mission Capital LLC now owns 22,882 shares of the company’s stock worth $740,000 after purchasing an additional 13,045 shares in the last quarter.

Innovator Buffer Step-Up Strategy ETF Price Performance

Shares of NYSEARCA BSTP opened at $36.46 on Friday. The firm’s 50 day simple moving average is $36.27 and its 200-day simple moving average is $34.84. Innovator Buffer Step-Up Strategy ETF has a 12 month low of $29.54 and a 12 month high of $37.05. The stock has a market capitalization of $56.51 million, a price-to-earnings ratio of 23.53 and a beta of 0.71.

Innovator Buffer Step-Up Strategy ETF Company 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.