Archer Investment Corp Cuts Holdings in Innovator U.S. Equity Ultra Buffer ETF – November (BATS:UNOV)

Archer Investment Corp reduced its position in Innovator U.S. Equity Ultra Buffer ETF – November (BATS:UNOV) by 46.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,627 shares of the company’s stock after selling 10,252 shares during the quarter. Archer Investment Corp owned about 0.86% of Innovator U.S. Equity Ultra Buffer ETF – November worth $368,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Raymond James Financial Services Advisors Inc. raised its position in shares of Innovator U.S. Equity Ultra Buffer ETF – November by 102.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 24,987 shares of the company’s stock worth $791,000 after buying an additional 12,620 shares during the period. Brookstone Capital Management raised its position in shares of Innovator U.S. Equity Ultra Buffer ETF – November by 564.4% in the 4th quarter. Brookstone Capital Management now owns 84,375 shares of the company’s stock worth $2,669,000 after buying an additional 71,676 shares during the period. Townsquare Capital LLC purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – November in the third quarter valued at about $444,000. LPL Financial LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – November during the third quarter worth about $206,000. Finally, GTS Securities LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – November during the second quarter worth about $363,000.

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

Shares of UNOV opened at $32.44 on Thursday. The stock’s 50 day moving average is $32.46 and its 200-day moving average is $31.56. The firm has a market capitalization of $53.53 million, a PE ratio of 23.11 and a beta of 0.51.

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

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.