Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) Stock Holdings Lowered by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its position in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) by 11.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 24,300 shares of the company’s stock after selling 3,236 shares during the quarter. Envestnet Asset Management Inc. owned about 1.33% of Innovator Buffer Step-Up Strategy ETF worth $807,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP bought a new stake in shares of Innovator Buffer Step-Up Strategy ETF during the fourth quarter valued at approximately $41,000. Barclays PLC bought a new stake in Innovator Buffer Step-Up Strategy ETF during the 3rd quarter valued at $177,000. KFG Wealth Management LLC acquired a new position in Innovator Buffer Step-Up Strategy ETF during the 4th quarter worth $245,000. OLD Mission Capital LLC bought a new position in shares of Innovator Buffer Step-Up Strategy ETF in the fourth quarter worth $327,000. Finally, Signature Estate & Investment Advisors LLC acquired a new position in shares of Innovator Buffer Step-Up Strategy ETF during the fourth quarter valued at $537,000.

Innovator Buffer Step-Up Strategy ETF Stock Up 0.8 %

Shares of NYSEARCA BSTP opened at $32.62 on Friday. The firm’s 50-day simple moving average is $32.04 and its 200 day simple moving average is $33.04. The stock has a market cap of $66.87 million, a P/E ratio of 23.53 and a beta of 0.71. Innovator Buffer Step-Up Strategy ETF has a fifty-two week low of $29.54 and a fifty-two week high of $34.69.

Innovator Buffer Step-Up Strategy ETF Profile

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