Nations Financial Group Inc. IA ADV Acquires 7,334 Shares of Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP)

Nations Financial Group Inc. IA ADV boosted its position in shares of Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) by 14.1% in the first quarter, Holdings Channel.com reports. The institutional investor owned 59,429 shares of the company’s stock after acquiring an additional 7,334 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Innovator Buffer Step-Up Strategy ETF were worth $1,922,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FSA Advisors Inc. bought a new position in Innovator Buffer Step-Up Strategy ETF during the first quarter valued at approximately $222,000. KFG Wealth Management LLC boosted its stake in Innovator Buffer Step-Up Strategy ETF by 8.8% during the first quarter. KFG Wealth Management LLC now owns 8,023 shares of the company’s stock valued at $260,000 after buying an additional 646 shares during the last quarter. Citadel Advisors LLC bought a new position in Innovator Buffer Step-Up Strategy ETF during the fourth quarter valued at approximately $278,000. Envestnet Asset Management Inc. boosted its stake in Innovator Buffer Step-Up Strategy ETF by 2.9% during the first quarter. Envestnet Asset Management Inc. now owns 25,010 shares of the company’s stock valued at $809,000 after buying an additional 710 shares during the last quarter. Finally, HighTower Advisors LLC boosted its stake in Innovator Buffer Step-Up Strategy ETF by 3.2% during the first quarter. HighTower Advisors LLC now owns 25,166 shares of the company’s stock valued at $814,000 after buying an additional 770 shares during the last quarter.

Innovator Buffer Step-Up Strategy ETF Trading Down 0.2%

Shares of Innovator Buffer Step-Up Strategy ETF stock opened at $35.50 on Friday. The stock has a 50 day moving average of $34.67 and a 200 day moving average of $33.44. Innovator Buffer Step-Up Strategy ETF has a 12 month low of $29.54 and a 12 month high of $35.60. The firm has a market cap of $55.03 million, a PE 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.