Innovator U.S. Equity Ultra Buffer ETF – September $USEP Position Reduced by Sovran Advisors LLC

Sovran Advisors LLC lessened its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) by 13.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 535,298 shares of the company’s stock after selling 86,491 shares during the quarter. Innovator U.S. Equity Ultra Buffer ETF – September comprises approximately 1.8% of Sovran Advisors LLC’s portfolio, making the stock its 4th biggest holding. Sovran Advisors LLC owned 14.75% of Innovator U.S. Equity Ultra Buffer ETF – September worth $21,176,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Brookstone Capital Management raised its position in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 1.8% in the fourth quarter. Brookstone Capital Management now owns 1,618,090 shares of the company’s stock valued at $63,641,000 after purchasing an additional 28,105 shares during the period. Chris Bulman Inc lifted its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 12.7% during the 4th quarter. Chris Bulman Inc now owns 6,851 shares of the company’s stock valued at $269,000 after buying an additional 773 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in Innovator U.S. Equity Ultra Buffer ETF – September by 54.5% in the 3rd quarter. Raymond James Financial Inc. now owns 24,718 shares of the company’s stock worth $956,000 after buying an additional 8,715 shares during the period. Wood Tarver Financial Group LLC grew its stake in Innovator U.S. Equity Ultra Buffer ETF – September by 2.2% in the 3rd quarter. Wood Tarver Financial Group LLC now owns 13,071 shares of the company’s stock valued at $505,000 after buying an additional 282 shares in the last quarter. Finally, Plum Street Advisors LLC purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – September in the 3rd quarter valued at approximately $209,000.

Innovator U.S. Equity Ultra Buffer ETF – September Price Performance

Shares of USEP stock opened at $38.85 on Friday. The stock has a market capitalization of $141.03 million, a price-to-earnings ratio of 24.18 and a beta of 0.40. The company’s fifty day simple moving average is $39.25 and its two-hundred day simple moving average is $39.09. Innovator U.S. Equity Ultra Buffer ETF – September has a 1 year low of $32.42 and a 1 year high of $39.76.

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.