HighTower Advisors LLC Grows Position in Innovator Buffer Step-Up Strategy ETF $BSTP

HighTower Advisors LLC grew its stake in shares of Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) by 3.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,166 shares of the company’s stock after purchasing an additional 770 shares during the quarter. HighTower Advisors LLC owned approximately 1.23% of Innovator Buffer Step-Up Strategy ETF worth $814,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Brookstone Capital Management lifted its stake in Innovator Buffer Step-Up Strategy ETF by 4.6% in the first quarter. Brookstone Capital Management now owns 251,319 shares of the company’s stock worth $8,130,000 after acquiring an additional 11,009 shares during the period. Sunbelt Securities Inc. lifted its stake in Innovator Buffer Step-Up Strategy ETF by 15.0% in the fourth quarter. Sunbelt Securities Inc. now owns 227,572 shares of the company’s stock worth $7,600,000 after acquiring an additional 29,737 shares during the period. Rovin Capital UT ADV purchased a new stake in Innovator Buffer Step-Up Strategy ETF in the first quarter worth $3,530,000. Capstone Triton Financial Group LLC lifted its stake in Innovator Buffer Step-Up Strategy ETF by 5.7% in the fourth quarter. Capstone Triton Financial Group LLC now owns 36,719 shares of the company’s stock worth $1,219,000 after acquiring an additional 1,964 shares during the period. Finally, Vista Cima Wealth Management LLC purchased a new stake in Innovator Buffer Step-Up Strategy ETF in the fourth quarter worth $1,108,000.

Innovator Buffer Step-Up Strategy ETF Stock Up 0.2%

Shares of BSTP stock opened at $35.63 on Thursday. The stock has a fifty day moving average of $34.93 and a 200 day moving average of $33.52. Innovator Buffer Step-Up Strategy ETF has a 52 week low of $29.54 and a 52 week high of $35.67. The firm has a market capitalization of $55.23 million, a price-to-earnings ratio of 23.53 and a beta of -0.71.

Innovator Buffer Step-Up Strategy ETF Company 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.