Innovator Buffer Step-Up Strategy ETF $BSTP Shares Sold by Cambridge Advisors Inc.

Cambridge Advisors Inc. reduced its position in shares of Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) by 3.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 87,810 shares of the company’s stock after selling 2,847 shares during the period. Innovator Buffer Step-Up Strategy ETF comprises approximately 0.6% of Cambridge Advisors Inc.’s holdings, making the stock its 25th largest holding. Cambridge Advisors Inc. owned about 5.49% of Innovator Buffer Step-Up Strategy ETF worth $3,033,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. FSA Advisors Inc. bought a new stake in Innovator Buffer Step-Up Strategy ETF in the first quarter valued at $222,000. KFG Wealth Management LLC lifted its stake in Innovator Buffer Step-Up Strategy ETF by 8.8% in 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 stake in Innovator Buffer Step-Up Strategy ETF in the fourth quarter valued at $278,000. Signature Estate & Investment Advisors LLC lifted its stake in Innovator Buffer Step-Up Strategy ETF by 9.7% in the first quarter. Signature Estate & Investment Advisors LLC now owns 17,753 shares of the company’s stock valued at $574,000 after buying an additional 1,571 shares during the last quarter. Finally, OLD Mission Capital LLC lifted its stake in Innovator Buffer Step-Up Strategy ETF by 132.6% in the first quarter. OLD Mission Capital LLC now owns 22,882 shares of the company’s stock valued at $740,000 after buying an additional 13,045 shares during the last quarter.

Innovator Buffer Step-Up Strategy ETF Stock Performance

BSTP stock opened at $36.06 on Friday. The stock has a market capitalization of $55.89 million, a price-to-earnings ratio of 23.53 and a beta of -0.71. Innovator Buffer Step-Up Strategy ETF has a 1 year low of $29.54 and a 1 year high of $36.38. The stock’s fifty day moving average is $35.53 and its two-hundred day moving average is $33.84.

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.