KFG Wealth Management LLC Buys 50,785 Shares of Innovator Power Buffer Step-Up Strategy ETF $PSTP

KFG Wealth Management LLC boosted its stake in shares of Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) by 8.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 650,656 shares of the company’s stock after purchasing an additional 50,785 shares during the quarter. Innovator Power Buffer Step-Up Strategy ETF makes up approximately 3.3% of KFG Wealth Management LLC’s holdings, making the stock its 8th largest position. KFG Wealth Management LLC owned approximately 17.49% of Innovator Power Buffer Step-Up Strategy ETF worth $22,630,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in PSTP. Brown Wealth Management LLC boosted its holdings in shares of Innovator Power Buffer Step-Up Strategy ETF by 24.1% during the second quarter. Brown Wealth Management LLC now owns 225,910 shares of the company’s stock valued at $7,539,000 after acquiring an additional 43,868 shares during the period. Lineweaver Wealth Advisors LLC lifted its position in Innovator Power Buffer Step-Up Strategy ETF by 0.3% in the 2nd quarter. Lineweaver Wealth Advisors LLC now owns 211,093 shares of the company’s stock valued at $7,045,000 after purchasing an additional 594 shares during the last quarter. HighTower Advisors LLC boosted its stake in Innovator Power Buffer Step-Up Strategy ETF by 6.9% during the 1st quarter. HighTower Advisors LLC now owns 204,164 shares of the company’s stock valued at $6,412,000 after purchasing an additional 13,226 shares during the period. Rovin Capital UT ADV grew its position in Innovator Power Buffer Step-Up Strategy ETF by 11.8% in the 2nd quarter. Rovin Capital UT ADV now owns 138,506 shares of the company’s stock worth $4,622,000 after purchasing an additional 14,670 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of Innovator Power Buffer Step-Up Strategy ETF by 10.7% in the second quarter. Cetera Investment Advisers now owns 117,029 shares of the company’s stock valued at $3,906,000 after purchasing an additional 11,317 shares during the period.

Innovator Power Buffer Step-Up Strategy ETF Trading Down 0.1%

Shares of NYSEARCA PSTP opened at $35.13 on Wednesday. Innovator Power Buffer Step-Up Strategy ETF has a 12-month low of $29.16 and a 12-month high of $35.38. The company has a market cap of $132.79 million, a PE ratio of 24.87 and a beta of 0.53. The stock has a 50 day simple moving average of $34.92 and a 200-day simple moving average of $34.23.

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.