Stegent Equity Advisors Inc. Acquires New Shares in Innovator Power Buffer Step-Up Strategy ETF $PSTP

Stegent Equity Advisors Inc. acquired a new stake in shares of Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 6,154 shares of the company’s stock, valued at approximately $205,000. Stegent Equity Advisors Inc. owned 0.17% of Innovator Power Buffer Step-Up Strategy ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PSTP. Rovin Capital UT ADV acquired a new position in Innovator Power Buffer Step-Up Strategy ETF during the 1st quarter valued at approximately $3,889,000. Envestnet Asset Management Inc. boosted its position in Innovator Power Buffer Step-Up Strategy ETF by 4.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 73,307 shares of the company’s stock worth $2,302,000 after acquiring an additional 3,281 shares during the period. Wealthgarden F.S. LLC boosted its position in Innovator Power Buffer Step-Up Strategy ETF by 4.0% during the 1st quarter. Wealthgarden F.S. LLC now owns 30,638 shares of the company’s stock worth $962,000 after acquiring an additional 1,185 shares during the period. Lineweaver Wealth Advisors LLC boosted its position in Innovator Power Buffer Step-Up Strategy ETF by 2.5% during the 1st quarter. Lineweaver Wealth Advisors LLC now owns 210,499 shares of the company’s stock worth $6,611,000 after acquiring an additional 5,222 shares during the period. Finally, Cetera Investment Advisers boosted its position in Innovator Power Buffer Step-Up Strategy ETF by 4.0% during the 1st quarter. Cetera Investment Advisers now owns 105,712 shares of the company’s stock worth $3,320,000 after acquiring an additional 4,059 shares during the period.

Innovator Power Buffer Step-Up Strategy ETF Stock Performance

Shares of PSTP stock opened at $35.04 on Friday. Innovator Power Buffer Step-Up Strategy ETF has a 1 year low of $29.16 and a 1 year high of $35.08. The stock has a fifty day moving average of $34.56 and a two-hundred day moving average of $33.31. The firm has a market capitalization of $132.45 million, a PE ratio of 24.87 and a beta of -0.55.

About Innovator Power Buffer Step-Up Strategy ETF

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.