Wealth Alliance Boosts Stock Position in Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP)

Wealth Alliance grew its stake in Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) by 32.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,659 shares of the company’s stock after purchasing an additional 4,761 shares during the period. Wealth Alliance owned approximately 0.12% of Innovator U.S. Equity Power Buffer ETF – September worth $683,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in PSEP. Brookstone Capital Management grew its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 616.0% in the third quarter. Brookstone Capital Management now owns 594,354 shares of the company’s stock valued at $19,251,000 after purchasing an additional 511,339 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in Innovator U.S. Equity Power Buffer ETF – September by 211.0% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 430,099 shares of the company’s stock worth $13,935,000 after acquiring an additional 291,811 shares during the period. Janney Montgomery Scott LLC grew its position in Innovator U.S. Equity Power Buffer ETF – September by 370.6% in the third quarter. Janney Montgomery Scott LLC now owns 219,294 shares of the company’s stock worth $7,105,000 after acquiring an additional 172,699 shares during the period. Joseph Group Capital Management grew its position in Innovator U.S. Equity Power Buffer ETF – September by 73.1% in the third quarter. Joseph Group Capital Management now owns 374,893 shares of the company’s stock worth $12,147,000 after acquiring an additional 158,363 shares during the period. Finally, Garden State Investment Advisory Services LLC grew its position in Innovator U.S. Equity Power Buffer ETF – September by 318.9% in the third quarter. Garden State Investment Advisory Services LLC now owns 165,086 shares of the company’s stock worth $5,349,000 after acquiring an additional 125,675 shares during the period.

Innovator U.S. Equity Power Buffer ETF – September Stock Performance

PSEP opened at $35.92 on Thursday. The stock’s 50 day moving average price is $36.11 and its two-hundred day moving average price is $34.64. The stock has a market capitalization of $698.64 million, a price-to-earnings ratio of 24.33 and a beta of 0.61.

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.