Cambridge Advisors Inc. Sells 5,462 Shares of Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP)

Cambridge Advisors Inc. lessened its holdings in shares of Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) by 18.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,560 shares of the company’s stock after selling 5,462 shares during the period. Cambridge Advisors Inc. owned 0.81% of Innovator Power Buffer Step-Up Strategy ETF worth $755,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of PSTP. Jane Street Group LLC bought a new position in shares of Innovator Power Buffer Step-Up Strategy ETF during the third quarter valued at approximately $274,000. HighTower Advisors LLC increased its position in Innovator Power Buffer Step-Up Strategy ETF by 38.1% during the 3rd quarter. HighTower Advisors LLC now owns 102,900 shares of the company’s stock valued at $3,247,000 after buying an additional 28,402 shares in the last quarter. Diversify Wealth Management LLC bought a new stake in Innovator Power Buffer Step-Up Strategy ETF in the third quarter worth $249,000. Occidental Asset Management LLC purchased a new stake in shares of Innovator Power Buffer Step-Up Strategy ETF in the third quarter worth $213,000. Finally, Cetera Investment Advisers increased its holdings in shares of Innovator Power Buffer Step-Up Strategy ETF by 3.2% during the second quarter. Cetera Investment Advisers now owns 41,996 shares of the company’s stock valued at $1,280,000 after acquiring an additional 1,301 shares in the last quarter.

Innovator Power Buffer Step-Up Strategy ETF Price Performance

Shares of Innovator Power Buffer Step-Up Strategy ETF stock opened at $32.38 on Friday. Innovator Power Buffer Step-Up Strategy ETF has a 1 year low of $28.22 and a 1 year high of $32.45. The firm’s 50-day moving average is $32.17 and its 200 day moving average is $31.46. The stock has a market cap of $93.90 million, a price-to-earnings ratio of 23.67 and a beta of 0.49.

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.