Brown Financial Advisors Reduces Holdings in Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR)

Brown Financial Advisors lessened its holdings in shares of Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) by 0.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 109,301 shares of the company’s stock after selling 910 shares during the period. Innovator Gradient Tactical Rotation Strategy ETF accounts for approximately 1.1% of Brown Financial Advisors’ holdings, making the stock its 26th biggest position. Brown Financial Advisors owned 1.63% of Innovator Gradient Tactical Rotation Strategy ETF worth $2,682,000 at the end of the most recent quarter.

Separately, Copley Financial Group Inc. bought a new position in shares of Innovator Gradient Tactical Rotation Strategy ETF during the 3rd quarter valued at $3,500,000.

Innovator Gradient Tactical Rotation Strategy ETF Price Performance

Shares of IGTR stock opened at $24.99 on Tuesday. Innovator Gradient Tactical Rotation Strategy ETF has a 1 year low of $24.12 and a 1 year high of $28.63. The company has a market cap of $167.43 million, a price-to-earnings ratio of 22.91 and a beta of 0.91. The firm has a fifty day moving average price of $25.16 and a 200-day moving average price of $26.37.

Innovator Gradient Tactical Rotation Strategy ETF Company Profile

The Innovator Gradient Tactical Rotation Strategy ETF (IGTR) is an exchange-traded fund that is based on the S&P Global BMI – USD index. The fund is an actively managed fund that uses a proprietary, rules-based approach to toggle investments among various equity markets and cash. The funds tactical strategy determines investments based on momentum.