Archer Investment Corp Acquires 4,624 Shares of Innovator U.S. Equity Ultra Buffer ETF – March (BATS:UMAR)

Archer Investment Corp lifted its holdings in Innovator U.S. Equity Ultra Buffer ETF – March (BATS:UMAR) by 24.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,290 shares of the company’s stock after acquiring an additional 4,624 shares during the period. Archer Investment Corp owned 0.69% of Innovator U.S. Equity Ultra Buffer ETF – March worth $828,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Cetera Investment Advisers boosted its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – March by 3.4% in the fourth quarter. Cetera Investment Advisers now owns 15,992 shares of the company’s stock worth $571,000 after acquiring an additional 527 shares during the period. Barclays PLC lifted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – March by 195.1% in the fourth quarter. Barclays PLC now owns 850 shares of the company’s stock worth $30,000 after buying an additional 562 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – March in the fourth quarter worth about $37,000. Stonebridge Financial Group LLC purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – March in the first quarter worth about $83,000. Finally, IMG Wealth Management Inc. lifted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – March by 25.9% in the first quarter. IMG Wealth Management Inc. now owns 18,174 shares of the company’s stock worth $646,000 after buying an additional 3,744 shares in the last quarter.

Innovator U.S. Equity Ultra Buffer ETF – March Trading Up 6.2%

Shares of BATS:UMAR traded up $2.20 during mid-day trading on Friday, reaching $37.90. The stock had a trading volume of 4,811 shares, compared to its average volume of 29,224. The company has a market cap of $197.09 million, a P/E ratio of 25.05 and a beta of 0.34. Innovator U.S. Equity Ultra Buffer ETF – March has a 1 year low of $32.77 and a 1 year high of $37.92. The business’s 50 day moving average price is $37.05 and its 200 day moving average price is $36.19.

Innovator U.S. Equity Ultra Buffer ETF – March Company Profile

The Innovator S&P 500 Ultra Buffer ETF – March (UMAR) 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. UMAR was launched on Mar 2, 2020 and is managed by Innovator.