Rovin Capital UT ADV Buys 14,670 Shares of Innovator Power Buffer Step-Up Strategy ETF $PSTP

Rovin Capital UT ADV increased its stake in shares of Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) by 11.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 138,506 shares of the company’s stock after acquiring an additional 14,670 shares during the quarter. Innovator Power Buffer Step-Up Strategy ETF comprises about 1.4% of Rovin Capital UT ADV’s holdings, making the stock its 16th largest position. Rovin Capital UT ADV’s holdings in Innovator Power Buffer Step-Up Strategy ETF were worth $4,622,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Stegent Equity Advisors Inc. bought a new position in Innovator Power Buffer Step-Up Strategy ETF in the 2nd quarter valued at $205,000. Signature Estate & Investment Advisors LLC raised its position in shares of Innovator Power Buffer Step-Up Strategy ETF by 4.4% during the second quarter. Signature Estate & Investment Advisors LLC now owns 39,737 shares of the company’s stock worth $1,326,000 after acquiring an additional 1,672 shares during the last quarter. KFG Wealth Management LLC raised its position in shares of Innovator Power Buffer Step-Up Strategy ETF by 3.7% during the second quarter. KFG Wealth Management LLC now owns 599,871 shares of the company’s stock worth $20,020,000 after acquiring an additional 21,407 shares during the last quarter. Lineweaver Wealth Advisors LLC lifted its stake in shares of Innovator Power Buffer Step-Up Strategy ETF by 0.3% during the second quarter. Lineweaver Wealth Advisors LLC now owns 211,093 shares of the company’s stock valued at $7,045,000 after acquiring an additional 594 shares during the period. Finally, Goldman Sachs Group Inc. acquired a new position in shares of Innovator Power Buffer Step-Up Strategy ETF during the first quarter valued at $238,000.

Innovator Power Buffer Step-Up Strategy ETF Stock Down 0.4%

Shares of PSTP stock opened at $34.78 on Friday. The stock has a 50-day moving average price of $34.71 and a 200 day moving average price of $33.58. The firm has a market cap of $131.47 million, a price-to-earnings ratio of 24.87 and a beta of 0.53. Innovator Power Buffer Step-Up Strategy ETF has a 12 month low of $29.16 and a 12 month high of $35.28.

About Innovator Power Buffer Step-Up Strategy ETF

The Innovator Power Buffer Step-Up Strategy ETF (PSTP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trus index. The fund aims for buffered losses and gains on the SPDR S&P 500 ETF Trust (SPY) through the active use of FLEX options, which it rebalances monthly. The fund intends to opportunistically reset its portfolio prior to the one-year expiration date of the options.