Sovran Advisors LLC Buys New Stake in Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP)

Sovran Advisors LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) during the fourth quarter, HoldingsChannel reports. The fund purchased 35,390 shares of the company’s stock, valued at approximately $1,380,000.

Several other institutional investors have also bought and sold shares of PSEP. HighTower Advisors LLC raised its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 164.9% during the 3rd quarter. HighTower Advisors LLC now owns 586,614 shares of the company’s stock valued at $22,601,000 after buying an additional 365,136 shares in the last quarter. West Michigan Advisors LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – September in the 3rd quarter valued at approximately $8,204,000. FSR Wealth Management Ltd. purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – September in the 4th quarter worth approximately $4,365,000. Brookstone Capital Management increased its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 11.8% during the 4th quarter. Brookstone Capital Management now owns 894,965 shares of the company’s stock valued at $34,980,000 after purchasing an additional 94,299 shares during the last quarter. Finally, Outlook Wealth Advisors LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – September by 322.4% during the 3rd quarter. Outlook Wealth Advisors LLC now owns 107,445 shares of the company’s stock valued at $4,140,000 after buying an additional 82,007 shares during the period.

Innovator U.S. Equity Power Buffer ETF – September Price Performance

BATS PSEP opened at $39.80 on Tuesday. The stock has a market capitalization of $764.06 million, a price-to-earnings ratio of 24.15 and a beta of 0.60. The stock’s 50 day moving average price is $39.42 and its two-hundred day moving average price is $38.69.

Innovator U.S. Equity Power Buffer ETF – September Profile

The Innovator S&P 500 Power Buffer ETF – September (PSEP) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. PSEP was launched on Sep 3, 2019 and is managed by Innovator.