West Michigan Advisors LLC Sells 195,826 Shares of Innovator U.S. Equity Power Buffer ETF – September $PSEP

West Michigan Advisors LLC trimmed its stake in shares of Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) by 93.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 13,853 shares of the company’s stock after selling 195,826 shares during the quarter. West Michigan Advisors LLC’s holdings in Innovator U.S. Equity Power Buffer ETF – September were worth $606,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of PSEP. Brookstone Capital Management lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 807.2% during the 3rd quarter. Brookstone Capital Management now owns 825,432 shares of the company’s stock valued at $35,452,000 after acquiring an additional 734,448 shares during the period. Citadel Advisors LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 7,856.9% during the 3rd quarter. Citadel Advisors LLC now owns 699,094 shares of the company’s stock valued at $30,026,000 after acquiring an additional 690,308 shares during the period. Susquehanna International Group LLP lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 2,832.0% during the 3rd quarter. Susquehanna International Group LLP now owns 618,002 shares of the company’s stock valued at $26,543,000 after acquiring an additional 596,924 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 88.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,129,685 shares of the company’s stock valued at $48,520,000 after acquiring an additional 529,547 shares during the period. Finally, SageView Advisory Group LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – September during the 3rd quarter valued at $7,570,000.

Innovator U.S. Equity Power Buffer ETF – September Stock Performance

BATS:PSEP opened at $44.85 on Friday. The stock has a fifty day moving average price of $43.78 and a 200-day moving average price of $43.58. The company has a market cap of $800.57 million, a price-to-earnings ratio of 25.05 and a beta of 0.48. Innovator U.S. Equity Power Buffer ETF – September has a fifty-two week low of $37.77 and a fifty-two week high of $45.00.

About Innovator U.S. Equity Power Buffer ETF – September

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.