Innovator Gradient Tactical Rotation Strategy ETF $IGTR Shares Sold by Gradient Investments LLC

Gradient Investments LLC cut its position in Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) by 6.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,462,256 shares of the company’s stock after selling 97,278 shares during the quarter. Gradient Investments LLC owned 83.56% of Innovator Gradient Tactical Rotation Strategy ETF worth $49,678,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in Innovator Gradient Tactical Rotation Strategy ETF by 58.5% during the 4th quarter. Royal Bank of Canada now owns 1,330 shares of the company’s stock worth $37,000 after buying an additional 491 shares during the period. Jane Street Group LLC lifted its holdings in Innovator Gradient Tactical Rotation Strategy ETF by 445.5% in the 4th quarter. Jane Street Group LLC now owns 95,691 shares of the company’s stock worth $2,685,000 after buying an additional 78,150 shares in the last quarter. Susquehanna International Group LLP boosted its position in Innovator Gradient Tactical Rotation Strategy ETF by 68.3% in the 3rd quarter. Susquehanna International Group LLP now owns 98,484 shares of the company’s stock valued at $2,602,000 after buying an additional 39,972 shares during the last quarter. Finally, Bank of America Corp DE purchased a new position in Innovator Gradient Tactical Rotation Strategy ETF in the 3rd quarter valued at about $128,000.

Innovator Gradient Tactical Rotation Strategy ETF Price Performance

Shares of Innovator Gradient Tactical Rotation Strategy ETF stock opened at $33.30 on Friday. The business has a 50-day moving average of $33.38 and a 200-day moving average of $31.10. The company has a market capitalization of $21.64 million, a PE ratio of 18.93 and a beta of 0.78. Innovator Gradient Tactical Rotation Strategy ETF has a 1-year low of $24.15 and a 1-year high of $36.47.

Innovator Gradient Tactical Rotation Strategy ETF 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. IGTR was launched on Nov 17, 2022 and is managed by Innovator.