Archer Investment Corp Sells 566 Shares of Innovator U.S. Equity Ultra Buffer ETF – January (BATS:UJAN)

Archer Investment Corp reduced its position in shares of Innovator U.S. Equity Ultra Buffer ETF – January (BATS:UJAN) by 34.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,057 shares of the company’s stock after selling 566 shares during the period. Archer Investment Corp’s holdings in Innovator U.S. Equity Ultra Buffer ETF – January were worth $41,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. FC Advisory LLC purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – January in the fourth quarter worth $217,000. WorthPointe LLC raised its position in Innovator U.S. Equity Ultra Buffer ETF – January by 8.1% in the 3rd quarter. WorthPointe LLC now owns 9,642 shares of the company’s stock worth $367,000 after purchasing an additional 721 shares during the period. Continuum Advisory LLC lifted its stake in Innovator U.S. Equity Ultra Buffer ETF – January by 11.3% in the third quarter. Continuum Advisory LLC now owns 9,699 shares of the company’s stock worth $375,000 after purchasing an additional 981 shares during the last quarter. Townsquare Capital LLC purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – January during the third quarter valued at about $384,000. Finally, Central Valley Advisors LLC boosted its position in Innovator U.S. Equity Ultra Buffer ETF – January by 191.2% during the fourth quarter. Central Valley Advisors LLC now owns 18,831 shares of the company’s stock valued at $733,000 after buying an additional 12,364 shares during the period.

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

UJAN opened at $39.47 on Friday. The business has a 50 day moving average of $39.05 and a 200-day moving average of $38.29. The stock has a market capitalization of $214.32 million, a P/E ratio of 23.71 and a beta of 0.47.

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

The Innovator U.S. Equity Ultra Buffer ETF – January (UJAN) 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. UJAN was launched on Jan 2, 2019 and is managed by Innovator.