Cetera Investment Advisers Trims Stake in Innovator U.S. Equity Ultra Buffer ETF – May (BATS:UMAY)

Cetera Investment Advisers reduced its position in Innovator U.S. Equity Ultra Buffer ETF – May (BATS:UMAY) by 16.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,737 shares of the company’s stock after selling 5,911 shares during the quarter. Cetera Investment Advisers owned 2.15% of Innovator U.S. Equity Ultra Buffer ETF – May worth $1,000,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Noble Wealth Management PBC purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – May during the 4th quarter valued at $30,000. JPMorgan Chase & Co. purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – May during the 4th quarter valued at $68,000. Barclays PLC purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – May during the 3rd quarter valued at $88,000. Bedel Financial Consulting Inc. purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – May during the 4th quarter valued at $205,000. Finally, IMG Wealth Management Inc. purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – May during the 4th quarter valued at $343,000.

Innovator U.S. Equity Ultra Buffer ETF – May Stock Down 0.8%

UMAY opened at $34.06 on Friday. The business has a fifty day moving average of $33.07 and a 200 day moving average of $33.53. The stock has a market cap of $54.49 million, a P/E ratio of 24.88 and a beta of 0.38. Innovator U.S. Equity Ultra Buffer ETF – May has a 52-week low of $30.34 and a 52-week high of $34.39.

About Innovator U.S. Equity Ultra Buffer ETF – May

The Innovator S&P 500 Ultra Buffer ETF – May (UMAY) 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. UMAY was launched on May 1, 2020 and is managed by Innovator.