Commonwealth Equity Services LLC Acquires 5,101 Shares of Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP)

Commonwealth Equity Services LLC increased its holdings in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) by 6.8% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 79,804 shares of the company’s stock after buying an additional 5,101 shares during the quarter. Commonwealth Equity Services LLC owned about 4.48% of Innovator Buffer Step-Up Strategy ETF worth $2,415,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Sunbelt Securities Inc. increased its holdings in Innovator Buffer Step-Up Strategy ETF by 10.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 5,090 shares of the company’s stock worth $134,000 after buying an additional 470 shares in the last quarter. Zimmermann Investment Management & Planning LLC boosted its position in Innovator Buffer Step-Up Strategy ETF by 11.0% in the fourth quarter. Zimmermann Investment Management & Planning LLC now owns 12,434 shares of the company’s stock worth $354,000 after purchasing an additional 1,235 shares during the last quarter. Principal Securities Inc. purchased a new position in Innovator Buffer Step-Up Strategy ETF in the fourth quarter worth about $391,000. Nations Financial Group Inc. IA ADV boosted its position in Innovator Buffer Step-Up Strategy ETF by 6.3% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 43,196 shares of the company’s stock worth $1,229,000 after purchasing an additional 2,570 shares during the last quarter. Finally, Capital Investment Advisory Services LLC boosted its position in Innovator Buffer Step-Up Strategy ETF by 2.9% in the fourth quarter. Capital Investment Advisory Services LLC now owns 44,935 shares of the company’s stock worth $1,279,000 after purchasing an additional 1,252 shares during the last quarter.

Innovator Buffer Step-Up Strategy ETF Stock Performance

Shares of NYSEARCA:BSTP opened at $31.74 on Friday. The stock has a market capitalization of $58.09 million, a price-to-earnings ratio of 24.26 and a beta of 0.68. The stock’s 50-day simple moving average is $30.80 and its two-hundred day simple moving average is $29.84. Innovator Buffer Step-Up Strategy ETF has a 52-week low of $25.60 and a 52-week high of $31.79.

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.