Sunbelt Securities Inc. Grows Position in Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP)

Sunbelt Securities Inc. raised its stake in shares of Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) by 3.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 243,616 shares of the company’s stock after acquiring an additional 8,518 shares during the period. Innovator Power Buffer Step-Up Strategy ETF comprises approximately 0.8% of Sunbelt Securities Inc.’s investment portfolio, making the stock its 24th largest holding. Sunbelt Securities Inc. owned 8.40% of Innovator Power Buffer Step-Up Strategy ETF worth $7,425,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of PSTP. Chris Bulman Inc bought a new position in shares of Innovator Power Buffer Step-Up Strategy ETF during the second quarter valued at about $107,000. Atria Wealth Solutions Inc. lifted its position in shares of Innovator Power Buffer Step-Up Strategy ETF by 443.2% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 42,072 shares of the company’s stock worth $1,282,000 after buying an additional 34,327 shares in the last quarter. Harbour Investments Inc. boosted its stake in shares of Innovator Power Buffer Step-Up Strategy ETF by 38.3% in the 2nd quarter. Harbour Investments Inc. now owns 9,775 shares of the company’s stock worth $298,000 after buying an additional 2,705 shares during the last quarter. KFG Wealth Management LLC grew its holdings in shares of Innovator Power Buffer Step-Up Strategy ETF by 3.5% in the first quarter. KFG Wealth Management LLC now owns 472,811 shares of the company’s stock valued at $13,950,000 after acquiring an additional 15,824 shares in the last quarter. Finally, Wealthgarden F.S. LLC bought a new position in shares of Innovator Power Buffer Step-Up Strategy ETF in the second quarter valued at approximately $770,000.

Innovator Power Buffer Step-Up Strategy ETF Trading Down 0.1 %

Shares of Innovator Power Buffer Step-Up Strategy ETF stock opened at $31.48 on Monday. The business’s fifty day simple moving average is $30.82 and its 200 day simple moving average is $30.18. Innovator Power Buffer Step-Up Strategy ETF has a 12 month low of $26.07 and a 12 month high of $31.54. The firm has a market capitalization of $91.29 million, a P/E ratio of 23.67 and a beta of 0.49.

About Innovator Power Buffer Step-Up Strategy ETF

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.