Innovator Buffer Step-Up Strategy ETF $BSTP Shares Sold by Sunbelt Securities Inc.

Sunbelt Securities Inc. lowered its stake in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) by 17.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 205,710 shares of the company’s stock after selling 43,201 shares during the period. Sunbelt Securities Inc. owned approximately 0.14% of Innovator Buffer Step-Up Strategy ETF worth $7,407,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Allworth Financial LP lifted its position in shares of Innovator Buffer Step-Up Strategy ETF by 70.6% during the third quarter. Allworth Financial LP now owns 2,054 shares of the company’s stock worth $75,000 after purchasing an additional 850 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in Innovator Buffer Step-Up Strategy ETF in the fourth quarter worth about $172,000. Captrust Financial Advisors bought a new stake in Innovator Buffer Step-Up Strategy ETF in the second quarter valued at about $206,000. FSA Advisors Inc. increased its holdings in Innovator Buffer Step-Up Strategy ETF by 160.5% in the fourth quarter. FSA Advisors Inc. now owns 16,852 shares of the company’s stock valued at $626,000 after buying an additional 10,383 shares during the last quarter. Finally, Principal Securities Inc. raised its stake in Innovator Buffer Step-Up Strategy ETF by 6.3% during the fourth quarter. Principal Securities Inc. now owns 18,893 shares of the company’s stock valued at $701,000 after buying an additional 1,127 shares in the last quarter.

Innovator Buffer Step-Up Strategy ETF Stock Up 0.3%

Shares of NYSEARCA BSTP opened at $39.24 on Wednesday. The stock’s 50 day moving average price is $39.21 and its two-hundred day moving average price is $38.02. Innovator Buffer Step-Up Strategy ETF has a 52-week low of $34.59 and a 52-week high of $39.65. The stock has a market capitalization of $59.64 million, a P/E ratio of 23.53 and a beta of 0.69.

Innovator Buffer Step-Up Strategy ETF 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. BSTP was launched on Mar 8, 2022 and is managed by Innovator.