Rovin Capital UT ADV Purchases 14,670 Shares of Innovator Power Buffer Step-Up Strategy ETF $PSTP

Rovin Capital UT ADV increased its holdings in shares of Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) by 11.8% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 138,506 shares of the company’s stock after purchasing an additional 14,670 shares during the period. Innovator Power Buffer Step-Up Strategy ETF makes up approximately 1.4% of Rovin Capital UT ADV’s holdings, making the stock its 16th largest position. Rovin Capital UT ADV owned 3.93% of Innovator Power Buffer Step-Up Strategy ETF worth $4,622,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Stegent Equity Advisors Inc. acquired a new stake in shares of Innovator Power Buffer Step-Up Strategy ETF in the second quarter worth $205,000. Goldman Sachs Group Inc. bought a new stake in Innovator Power Buffer Step-Up Strategy ETF in the 1st quarter valued at $238,000. OFC Financial Planning LLC grew its position in Innovator Power Buffer Step-Up Strategy ETF by 1.1% in the 1st quarter. OFC Financial Planning LLC now owns 30,352 shares of the company’s stock worth $953,000 after purchasing an additional 342 shares during the last quarter. Wealthgarden F.S. LLC increased its holdings in shares of Innovator Power Buffer Step-Up Strategy ETF by 4.0% during the 1st quarter. Wealthgarden F.S. LLC now owns 30,638 shares of the company’s stock worth $962,000 after purchasing an additional 1,185 shares during the period. Finally, Signature Estate & Investment Advisors LLC increased its holdings in shares of Innovator Power Buffer Step-Up Strategy ETF by 19.1% during the 1st quarter. Signature Estate & Investment Advisors LLC now owns 38,065 shares of the company’s stock worth $1,195,000 after purchasing an additional 6,113 shares during the period.

Innovator Power Buffer Step-Up Strategy ETF Stock Performance

NYSEARCA PSTP opened at $34.78 on Friday. The firm has a 50-day simple moving average of $34.71 and a 200 day simple moving average of $33.58. Innovator Power Buffer Step-Up Strategy ETF has a twelve month low of $29.16 and a twelve month high of $35.28. The stock has a market cap of $131.47 million, a PE ratio of 24.87 and a beta of 0.53.

Innovator Power Buffer Step-Up Strategy ETF Company Profile

The Innovator Power Buffer Step-Up Strategy ETF (PSTP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trus index. The fund aims for buffered losses and gains on the SPDR S&P 500 ETF Trust (SPY) through the active use of FLEX options, which it rebalances monthly. The fund intends to opportunistically reset its portfolio prior to the one-year expiration date of the options.