Sovran Advisors LLC Increases Position in Innovator U.S. Equity Ultra Buffer ETF – September $USEP

Sovran Advisors LLC boosted its holdings in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) by 3.4% in the third quarter, Holdings Channel reports. The firm owned 621,789 shares of the company’s stock after purchasing an additional 20,722 shares during the quarter. Innovator U.S. Equity Ultra Buffer ETF – September comprises about 2.1% of Sovran Advisors LLC’s holdings, making the stock its 4th biggest position. Sovran Advisors LLC owned approximately 0.17% of Innovator U.S. Equity Ultra Buffer ETF – September worth $24,210,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of USEP. Trek Financial LLC acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September during the 3rd quarter worth approximately $575,000. Arkadios Wealth Advisors acquired a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September during the 3rd quarter worth about $501,000. Nations Financial Group Inc. IA ADV bought a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the 3rd quarter valued at about $493,000. Sonoma Allocations LLC acquired a new stake in Innovator U.S. Equity Ultra Buffer ETF – September in the 3rd quarter valued at about $346,000. Finally, Evolution Wealth Management Inc. bought a new position in Innovator U.S. Equity Ultra Buffer ETF – September during the third quarter worth about $51,000.

Innovator U.S. Equity Ultra Buffer ETF – September Stock Up 0.2%

BATS:USEP opened at $39.52 on Monday. Innovator U.S. Equity Ultra Buffer ETF – September has a 12-month low of $32.42 and a 12-month high of $37.50. The firm has a market capitalization of $143.46 million, a price-to-earnings ratio of 24.18 and a beta of 0.40. The stock’s 50 day moving average price is $39.21 and its two-hundred day moving average price is $38.56.

About Innovator U.S. Equity Ultra Buffer ETF – September

The Innovator S&P 500 Ultra Buffer ETF – September (USEP) 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. USEP was launched on Sep 3, 2019 and is managed by Innovator.