Red Crane Wealth Management LLC Invests $1.05 Million in Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP)

Red Crane Wealth Management LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 26,962 shares of the company’s stock, valued at approximately $1,054,000. Innovator U.S. Equity Power Buffer ETF – September accounts for 1.0% of Red Crane Wealth Management LLC’s portfolio, making the stock its 29th largest position. Red Crane Wealth Management LLC owned 0.14% of Innovator U.S. Equity Power Buffer ETF – September as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Penserra Capital Management LLC raised its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 5.9% in the third quarter. Penserra Capital Management LLC now owns 1,027,312 shares of the company’s stock valued at $39,582,000 after purchasing an additional 57,072 shares during the period. Allworth Financial LP raised its holdings in Innovator U.S. Equity Power Buffer ETF – September by 17,984.2% in the 4th quarter. Allworth Financial LP now owns 914,879 shares of the company’s stock valued at $36,357,000 after acquiring an additional 909,820 shares during the period. Brookstone Capital Management raised its holdings in Innovator U.S. Equity Power Buffer ETF – September by 11.8% in the 4th quarter. Brookstone Capital Management now owns 894,965 shares of the company’s stock valued at $34,980,000 after acquiring an additional 94,299 shares during the period. HighTower Advisors LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – September by 164.9% during the third quarter. HighTower Advisors LLC now owns 586,614 shares of the company’s stock worth $22,601,000 after acquiring an additional 365,136 shares during the last quarter. Finally, Joseph Group Capital Management boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – September by 4.0% during the third quarter. Joseph Group Capital Management now owns 420,573 shares of the company’s stock worth $16,205,000 after acquiring an additional 16,253 shares during the period.

Innovator U.S. Equity Power Buffer ETF – September Stock Up 1.4 %

Innovator U.S. Equity Power Buffer ETF – September stock opened at $39.54 on Wednesday. The firm has a market capitalization of $774.11 million, a P/E ratio of 26.77 and a beta of 0.49. The company has a 50 day moving average price of $39.51 and a 200 day moving average price of $38.89.

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

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.