Occidental Asset Management LLC Makes New Investment in Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP)

Occidental Asset Management LLC acquired a new stake in Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,750 shares of the company’s stock, valued at approximately $213,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Chris Bulman Inc purchased a new position in Innovator Power Buffer Step-Up Strategy ETF during the 2nd quarter valued at about $107,000. Harbour Investments Inc. boosted its position in Innovator Power Buffer Step-Up Strategy ETF by 38.3% in the 2nd quarter. Harbour Investments Inc. now owns 9,775 shares of the company’s stock valued at $298,000 after buying an additional 2,705 shares during the period. Southern Capital Advisors LLC grew its stake in shares of Innovator Power Buffer Step-Up Strategy ETF by 43.8% in the first quarter. Southern Capital Advisors LLC now owns 20,077 shares of the company’s stock worth $592,000 after acquiring an additional 6,118 shares in the last quarter. Wealthgarden F.S. LLC purchased a new stake in shares of Innovator Power Buffer Step-Up Strategy ETF during the second quarter worth $770,000. Finally, Cetera Investment Advisers raised its stake in shares of Innovator Power Buffer Step-Up Strategy ETF by 3.2% in the second quarter. Cetera Investment Advisers now owns 41,996 shares of the company’s stock valued at $1,280,000 after acquiring an additional 1,301 shares in the last quarter.

Innovator Power Buffer Step-Up Strategy ETF Trading Down 0.3 %

NYSEARCA:PSTP opened at $31.65 on Wednesday. The stock has a fifty day moving average price of $31.09 and a 200 day moving average price of $30.36. Innovator Power Buffer Step-Up Strategy ETF has a 12-month low of $26.07 and a 12-month high of $31.79. The firm has a market cap of $91.80 million, a PE ratio of 23.67 and a beta of 0.49.

Innovator Power Buffer Step-Up Strategy ETF Company Profile

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.