Financial Management Network Inc. Invests $291,000 in Innovator U.S. Equity Ultra Buffer ETF – November (BATS:UNOV)

Financial Management Network Inc. purchased a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – November (BATS:UNOV) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 8,365 shares of the company’s stock, valued at approximately $291,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. AdvisorNet Financial Inc purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – November during the 4th quarter worth about $98,000. FC Advisory LLC purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – November during the 4th quarter worth about $271,000. Fermata Advisors LLC purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – November during the 4th quarter worth about $350,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its holdings in Innovator U.S. Equity Ultra Buffer ETF – November by 13.3% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 111,969 shares of the company’s stock worth $3,876,000 after purchasing an additional 13,128 shares in the last quarter. Finally, Truist Financial Corp purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – November during the 4th quarter worth about $506,000.

Insider Buying and Selling

In other Innovator U.S. Equity Ultra Buffer ETF – November news, CEO Giorgio R. Saumat purchased 783,100 shares of the stock in a transaction on Thursday, January 16th. The shares were purchased at an average price of $0.20 per share, with a total value of $156,620.00. Following the acquisition, the chief executive officer now directly owns 122,680,127 shares in the company, valued at approximately $24,536,025.40. The trade was a 0.64 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders have purchased 1,291,328 shares of company stock valued at $233,790.

Innovator U.S. Equity Ultra Buffer ETF – November Price Performance

Shares of UNOV opened at $35.36 on Wednesday. The business’s 50-day moving average is $34.96 and its 200-day moving average is $34.36. The stock has a market cap of $58.34 million, a PE ratio of 23.24 and a beta of 0.50.

About Innovator U.S. Equity Ultra Buffer ETF – November

The Innovator U.S. Equity Ultra Buffer ETF – November (UNOV) 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. UNOV was launched on Nov 1, 2019 and is managed by Innovator.