Stegent Equity Advisors Inc. Buys New Stake in Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP)

Stegent Equity Advisors Inc. bought a new stake in Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,272 shares of the company’s stock, valued at approximately $201,000. Stegent Equity Advisors Inc. owned about 0.22% of Innovator Power Buffer Step-Up Strategy ETF at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Diversify Wealth Management LLC purchased a new position in Innovator Power Buffer Step-Up Strategy ETF in the third quarter valued at $249,000. Jane Street Group LLC purchased a new position in Innovator Power Buffer Step-Up Strategy ETF in the third quarter valued at $274,000. Atria Wealth Solutions Inc. increased its holdings in Innovator Power Buffer Step-Up Strategy ETF by 22.7% in the fourth quarter. Atria Wealth Solutions Inc. now owns 52,634 shares of the company’s stock valued at $1,686,000 after buying an additional 9,743 shares during the last quarter. HighTower Advisors LLC increased its holdings in Innovator Power Buffer Step-Up Strategy ETF by 38.1% in the third 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 during the last quarter. Finally, Wealthgarden F.S. LLC purchased a new position in shares of Innovator Power Buffer Step-Up Strategy ETF during the fourth quarter worth about $943,000.

Innovator Power Buffer Step-Up Strategy ETF Stock Performance

Shares of PSTP stock opened at $32.39 on Thursday. The stock’s 50-day moving average is $32.39 and its two-hundred day moving average is $31.86. The firm has a market cap of $105.27 million, a price-to-earnings ratio of 27.17 and a beta of 0.53. Innovator Power Buffer Step-Up Strategy ETF has a 1 year low of $28.85 and a 1 year high of $34.00.

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.