Riverchase Wealth Management LLC Sells 425 Shares of Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP)

Riverchase Wealth Management LLC trimmed its holdings in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) by 4.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,719 shares of the company’s stock after selling 425 shares during the period. Riverchase Wealth Management LLC owned about 0.23% of Innovator U.S. Equity Ultra Buffer ETF – September worth $300,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. WorthPointe LLC bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the fourth quarter valued at $360,000. Simplicity Wealth LLC bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the first quarter valued at $402,000. Jane Street Group LLC bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the fourth quarter valued at $407,000. Raymond James Financial Inc. bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September during the fourth quarter valued at about $456,000. Finally, PKS Advisory Services LLC bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September during the fourth quarter valued at about $489,000.

Innovator U.S. Equity Ultra Buffer ETF – September Trading Up 4.6%

Shares of USEP traded up $1.65 during trading hours on Friday, reaching $37.27. 2,083 shares of the stock traded hands, compared to its average volume of 33,641. The stock has a fifty day simple moving average of $36.17 and a 200 day simple moving average of $35.30. Innovator U.S. Equity Ultra Buffer ETF – September has a 52 week low of $32.42 and a 52 week high of $37.27. The company has a market cap of $135.29 million, a price-to-earnings ratio of 24.18 and a beta of 0.40.

Innovator U.S. Equity Ultra Buffer ETF – September Company Profile

The Innovator S&P 500 Ultra Buffer ETF – September (USEP) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. USEP was launched on Sep 3, 2019 and is managed by Innovator.