FSA Advisors Inc. Makes New Investment in Innovator Power Buffer Step-Up Strategy ETF $PSTP

FSA Advisors Inc. acquired a new position in shares of Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) in the 4th quarter, Holdings Channel.com reports. The firm acquired 21,214 shares of the company’s stock, valued at approximately $750,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP bought a new stake in Innovator Power Buffer Step-Up Strategy ETF during the 3rd quarter worth about $49,000. Capital Investment Advisory Services LLC raised its holdings in Innovator Power Buffer Step-Up Strategy ETF by 30.2% during the 4th quarter. Capital Investment Advisory Services LLC now owns 2,296 shares of the company’s stock worth $81,000 after purchasing an additional 532 shares during the last quarter. Authentikos Wealth Advisory LLC raised its holdings in Innovator Power Buffer Step-Up Strategy ETF by 6.9% during the 3rd quarter. Authentikos Wealth Advisory LLC now owns 6,641 shares of the company’s stock worth $231,000 after purchasing an additional 430 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in Innovator Power Buffer Step-Up Strategy ETF during the 1st quarter worth about $238,000. Finally, JPMorgan Chase & Co. raised its holdings in Innovator Power Buffer Step-Up Strategy ETF by 2,234.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,680 shares of the company’s stock worth $267,000 after purchasing an additional 7,351 shares during the last quarter.

Innovator Power Buffer Step-Up Strategy ETF Stock Performance

Shares of NYSEARCA:PSTP opened at $36.05 on Monday. The stock has a market capitalization of $127.98 million, a P/E ratio of 24.87 and a beta of 0.52. Innovator Power Buffer Step-Up Strategy ETF has a 1-year low of $31.41 and a 1-year high of $36.15. The business has a 50-day moving average price of $35.21 and a two-hundred day moving average price of $35.22.

Innovator Power Buffer Step-Up Strategy ETF 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. PSTP was launched on Mar 8, 2022 and is managed by Innovator.