AE Wealth Management LLC Buys 45,655 Shares of Innovator Power Buffer Step-Up Strategy ETF $PSTP

AE Wealth Management LLC increased its stake in shares of Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) by 71.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 109,901 shares of the company’s stock after acquiring an additional 45,655 shares during the period. AE Wealth Management LLC owned about 2.99% of Innovator Power Buffer Step-Up Strategy ETF worth $3,885,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Allworth Financial LP bought a new stake in Innovator Power Buffer Step-Up Strategy ETF during the third quarter worth about $49,000. Capital Investment Advisory Services LLC increased its position in Innovator Power Buffer Step-Up Strategy ETF by 30.2% during the fourth quarter. Capital Investment Advisory Services LLC now owns 2,296 shares of the company’s stock worth $81,000 after buying an additional 532 shares during the last quarter. Authentikos Wealth Advisory LLC increased its position in Innovator Power Buffer Step-Up Strategy ETF by 6.9% during the third quarter. Authentikos Wealth Advisory LLC now owns 6,641 shares of the company’s stock worth $231,000 after buying an additional 430 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in Innovator Power Buffer Step-Up Strategy ETF during the first quarter worth approximately $238,000. Finally, JPMorgan Chase & Co. increased its position in Innovator Power Buffer Step-Up Strategy ETF by 2,234.3% during the third quarter. JPMorgan Chase & Co. now owns 7,680 shares of the company’s stock worth $267,000 after buying an additional 7,351 shares during the last quarter.

Innovator Power Buffer Step-Up Strategy ETF Price Performance

Shares of NYSEARCA PSTP opened at $35.88 on Monday. The business’s 50 day moving average price is $35.14 and its two-hundred day moving average price is $35.15. The company has a market cap of $129.17 million, a PE ratio of 24.87 and a beta of 0.53. Innovator Power Buffer Step-Up Strategy ETF has a twelve month low of $29.93 and a twelve month high of $35.96.

Innovator Power Buffer Step-Up Strategy ETF Profile

The Innovator Power Buffer Step-Up Strategy ETF (PSTP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trus index. The fund aims for buffered losses and gains on the SPDR S&P 500 ETF Trust (SPY) through the active use of FLEX options, which it rebalances monthly. The fund intends to opportunistically reset its portfolio prior to the one-year expiration date of the options. PSTP was launched on Mar 8, 2022 and is managed by Innovator.