HighTower Advisors LLC Takes $490,000 Position in Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG)

HighTower Advisors LLC purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 13,984 shares of the company’s stock, valued at approximately $490,000.

A number of other hedge funds also recently bought and sold shares of the business. Farther Finance Advisors LLC boosted its holdings in Innovator U.S. Equity Ultra Buffer ETF – August by 8,488.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,006 shares of the company’s stock worth $105,000 after buying an additional 2,971 shares during the last quarter. Cornerstone Wealth Group LLC purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – August during the third quarter worth approximately $275,000. Worth Financial Advisory Group LLC acquired a new position in Innovator U.S. Equity Ultra Buffer ETF – August in the 3rd quarter valued at $394,000. Kingsview Wealth Management LLC lifted its holdings in Innovator U.S. Equity Ultra Buffer ETF – August by 5.0% in the 3rd quarter. Kingsview Wealth Management LLC now owns 13,699 shares of the company’s stock valued at $480,000 after purchasing an additional 650 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Innovator U.S. Equity Ultra Buffer ETF – August by 5.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 14,278 shares of the company’s stock worth $500,000 after purchasing an additional 750 shares during the last quarter.

Innovator U.S. Equity Ultra Buffer ETF – August Stock Performance

Shares of Innovator U.S. Equity Ultra Buffer ETF – August stock opened at $35.60 on Friday. The stock’s 50 day moving average is $35.50 and its 200 day moving average is $34.55. The stock has a market capitalization of $220.73 million, a P/E ratio of 24.58 and a beta of 0.62.

About Innovator U.S. Equity Ultra Buffer ETF – August

The Innovator U.S. Equity Ultra Buffer ETF – August (UAUG) 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. UAUG was launched on Aug 1, 2019 and is managed by Innovator.