Riverchase Wealth Management LLC Makes New $322,000 Investment in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP)

Riverchase Wealth Management LLC purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 9,144 shares of the company’s stock, valued at approximately $322,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Miller Financial Services LLC bought a new position in Innovator U.S. Equity Ultra Buffer ETF – September in the fourth quarter worth about $219,000. Foundations Investment Advisors LLC bought a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the 4th quarter worth approximately $255,000. IHT Wealth Management LLC acquired a new position in Innovator U.S. Equity Ultra Buffer ETF – September during the 3rd quarter valued at approximately $288,000. Accurate Wealth Management LLC lifted its position in Innovator U.S. Equity Ultra Buffer ETF – September by 5.6% in the 4th quarter. Accurate Wealth Management LLC now owns 8,286 shares of the company’s stock valued at $292,000 after purchasing an additional 437 shares during the last quarter. Finally, AlphaStar Capital Management LLC acquired a new position in Innovator U.S. Equity Ultra Buffer ETF – September during the 4th quarter valued at about $330,000.

Innovator U.S. Equity Ultra Buffer ETF – September Trading Down 3.0 %

Shares of BATS USEP opened at $34.75 on Friday. Innovator U.S. Equity Ultra Buffer ETF – September has a 12-month low of $32.18 and a 12-month high of $36.05. The company has a market cap of $133.07 million, a PE ratio of 25.55 and a beta of 0.39. The stock has a 50 day simple moving average of $35.36 and a 200-day simple moving average of $35.14.

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

The Innovator S&P 500 Ultra Buffer ETF – September (USEP) 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. USEP was launched on Sep 3, 2019 and is managed by Innovator.