Rovin Capital UT ADV Decreases Stock Position in Innovator Buffer Step-Up Strategy ETF $BSTP

Rovin Capital UT ADV cut its stake in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) by 4.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 104,092 shares of the company’s stock after selling 5,042 shares during the quarter. Innovator Buffer Step-Up Strategy ETF comprises approximately 1.1% of Rovin Capital UT ADV’s holdings, making the stock its 21st largest holding. Rovin Capital UT ADV owned approximately 6.51% of Innovator Buffer Step-Up Strategy ETF worth $3,595,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. HighTower Advisors LLC lifted its holdings in shares of Innovator Buffer Step-Up Strategy ETF by 3.2% in the 1st quarter. HighTower Advisors LLC now owns 25,166 shares of the company’s stock worth $814,000 after acquiring an additional 770 shares during the last quarter. D.B. Root & Company LLC raised its position in Innovator Buffer Step-Up Strategy ETF by 7.6% in the 1st quarter. D.B. Root & Company LLC now owns 190,120 shares of the company’s stock worth $6,150,000 after purchasing an additional 13,348 shares during the period. FSA Advisors Inc. purchased a new stake in Innovator Buffer Step-Up Strategy ETF in the 1st quarter worth about $222,000. 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 worth $574,000 after purchasing an additional 1,571 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV lifted its stake in Innovator Buffer Step-Up Strategy ETF by 14.1% in the first quarter. Nations Financial Group Inc. IA ADV now owns 59,429 shares of the company’s stock worth $1,922,000 after purchasing an additional 7,334 shares during the last quarter.

Innovator Buffer Step-Up Strategy ETF Stock Performance

BSTP opened at $36.46 on Friday. Innovator Buffer Step-Up Strategy ETF has a one year low of $29.54 and a one year high of $37.05. The stock has a market cap of $56.51 million, a price-to-earnings ratio of 23.53 and a beta of 0.71. The stock’s 50 day moving average price is $36.27 and its 200-day moving average price is $34.84.

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.