Merit Financial Group LLC Sells 16,109 Shares of Innovator U.S. Equity Power Buffer ETF – July $PJUL

Merit Financial Group LLC reduced its holdings in Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) by 68.9% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,261 shares of the company’s stock after selling 16,109 shares during the quarter. Merit Financial Group LLC’s holdings in Innovator U.S. Equity Power Buffer ETF – July were worth $331,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of PJUL. Ameritas Advisory Services LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – July during the second quarter worth about $26,000. Bernard Wealth Management Corp. lifted its position in Innovator U.S. Equity Power Buffer ETF – July by 124.9% during the third quarter. Bernard Wealth Management Corp. now owns 1,082 shares of the company’s stock valued at $49,000 after purchasing an additional 601 shares during the last quarter. Chapman Financial Group LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – July in the 2nd quarter worth approximately $53,000. PFS Partners LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – July in the 2nd quarter worth $69,000. Finally, Waterloo Capital L.P. purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – July during the 2nd quarter valued at $209,000.

Innovator U.S. Equity Power Buffer ETF – July Stock Performance

BATS PJUL opened at $46.75 on Friday. Innovator U.S. Equity Power Buffer ETF – July has a 52-week low of $37.10 and a 52-week high of $44.42. The company has a fifty day moving average of $46.11 and a 200-day moving average of $45.31. The company has a market capitalization of $969.96 million, a P/E ratio of 24.44 and a beta of 0.46.

About Innovator U.S. Equity Power Buffer ETF – July

The Innovator S&P 500 Power Buffer ETF — July (PJUL) is an exchange-traded fund that is based on the S&P 500 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. PJUL was launched on Aug 8, 2018 and is managed by Innovator.