Krilogy Financial LLC Sells 16,140 Shares of Innovator Power Buffer Step-Up Strategy ETF $PSTP

Krilogy Financial LLC cut its position in Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) by 12.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,161 shares of the company’s stock after selling 16,140 shares during the quarter. Krilogy Financial LLC’s holdings in Innovator Power Buffer Step-Up Strategy ETF were worth $3,999,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in PSTP. Sunbelt Securities Inc. raised its position in Innovator Power Buffer Step-Up Strategy ETF by 30.1% during the third quarter. Sunbelt Securities Inc. now owns 341,300 shares of the company’s stock worth $11,870,000 after acquiring an additional 78,942 shares in the last quarter. AE Wealth Management LLC grew its position in shares of Innovator Power Buffer Step-Up Strategy ETF by 713.5% in the 3rd quarter. AE Wealth Management LLC now owns 64,246 shares of the company’s stock valued at $2,234,000 after acquiring an additional 56,349 shares during the period. Brown Wealth Management LLC increased its stake in shares of Innovator Power Buffer Step-Up Strategy ETF by 23.0% during the 3rd quarter. Brown Wealth Management LLC now owns 277,938 shares of the company’s stock worth $9,667,000 after purchasing an additional 52,028 shares during the last quarter. Evolution Wealth Management Inc. increased its stake in shares of Innovator Power Buffer Step-Up Strategy ETF by 90.9% during the 3rd quarter. Evolution Wealth Management Inc. now owns 69,977 shares of the company’s stock worth $2,434,000 after purchasing an additional 33,315 shares during the last quarter. Finally, Susquehanna International Group LLP bought a new stake in shares of Innovator Power Buffer Step-Up Strategy ETF in the 3rd quarter valued at about $532,000.

Innovator Power Buffer Step-Up Strategy ETF Stock Performance

Shares of PSTP stock opened at $35.88 on Monday. Innovator Power Buffer Step-Up Strategy ETF has a 52-week low of $29.93 and a 52-week high of $35.96. The stock has a market cap of $129.17 million, a price-to-earnings ratio of 24.87 and a beta of 0.53. The firm’s 50-day moving average is $35.14 and its 200-day moving average is $35.15.

Innovator Power Buffer Step-Up Strategy ETF Profile

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. PSTP was launched on Mar 8, 2022 and is managed by Innovator.