Envestnet Asset Management Inc. Sells 8,772 Shares of Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP)

Envestnet Asset Management Inc. decreased its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) by 6.6% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 124,207 shares of the company’s stock after selling 8,772 shares during the period. Envestnet Asset Management Inc. owned 3.27% of Innovator U.S. Equity Ultra Buffer ETF – September worth $4,274,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Sovran Advisors LLC raised its position in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 6.3% in the 1st quarter. Sovran Advisors LLC now owns 554,660 shares of the company’s stock valued at $18,476,000 after buying an additional 32,759 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 1.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 60,906 shares of the company’s stock valued at $2,144,000 after buying an additional 772 shares in the last quarter. SageView Advisory Group LLC raised its position in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 93.3% in the 4th quarter. SageView Advisory Group LLC now owns 60,237 shares of the company’s stock valued at $2,120,000 after buying an additional 29,078 shares in the last quarter. Advisory Services Network LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the 4th quarter valued at approximately $1,314,000. Finally, Cetera Investment Advisers raised its position in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 1.5% in the 4th quarter. Cetera Investment Advisers now owns 32,503 shares of the company’s stock valued at $1,144,000 after buying an additional 493 shares in the last quarter.

Innovator U.S. Equity Ultra Buffer ETF – September Trading Up 5.4%

Shares of BATS:USEP opened at $37.54 on Friday. The firm has a 50 day moving average of $36.41 and a 200-day moving average of $35.38. The stock has a market capitalization of $136.27 million, a PE ratio of 24.18 and a beta of 0.40. Innovator U.S. Equity Ultra Buffer ETF – September has a 12 month low of $32.42 and a 12 month high of $37.50.

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

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.