D.B. Root & Company LLC Grows Stake in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP)

D.B. Root & Company LLC lifted its stake in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) by 21.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 168,377 shares of the company’s stock after buying an additional 29,855 shares during the quarter. Innovator Buffer Step-Up Strategy ETF makes up 1.8% of D.B. Root & Company LLC’s holdings, making the stock its 11th largest holding. D.B. Root & Company LLC owned about 0.09% of Innovator Buffer Step-Up Strategy ETF worth $5,509,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of BSTP. Zimmermann Investment Management & Planning LLC increased its stake in Innovator Buffer Step-Up Strategy ETF by 4.1% during the 2nd quarter. Zimmermann Investment Management & Planning LLC now owns 12,720 shares of the company’s stock valued at $399,000 after purchasing an additional 506 shares in the last quarter. FSA Advisors Inc. increased its position in shares of Innovator Buffer Step-Up Strategy ETF by 8.9% during the third quarter. FSA Advisors Inc. now owns 7,939 shares of the company’s stock valued at $260,000 after acquiring an additional 648 shares in the last quarter. Transcendent Capital Group LLC purchased a new position in shares of Innovator Buffer Step-Up Strategy ETF in the first quarter worth $42,000. Cambridge Advisors Inc. grew its stake in shares of Innovator Buffer Step-Up Strategy ETF by 2.0% in the third quarter. Cambridge Advisors Inc. now owns 92,430 shares of the company’s stock worth $3,024,000 after acquiring an additional 1,777 shares during the period. Finally, Capstone Triton Financial Group LLC boosted its stake in shares of Innovator Buffer Step-Up Strategy ETF by 11.2% in the 3rd quarter. Capstone Triton Financial Group LLC now owns 34,755 shares of the company’s stock worth $1,137,000 after buying an additional 3,494 shares during the last quarter.

Innovator Buffer Step-Up Strategy ETF Stock Up 1.8 %

Innovator Buffer Step-Up Strategy ETF stock opened at $33.37 on Thursday. The business has a 50-day simple moving average of $32.48 and a two-hundred day simple moving average of $31.54. Innovator Buffer Step-Up Strategy ETF has a 52-week low of $26.64 and a 52-week high of $34.69. The company has a market cap of $61.07 million, a P/E ratio of 24.26 and a beta of 0.68.

About Innovator Buffer Step-Up Strategy ETF

The Innovator Buffer Step-Up Strategy ETF (BSTP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for exposure to the SPDR S&P 500 ETF Trust (SPY) with buffered losses and gains through the active use of FLEX options, rebalanced monthly. The fund intends to opportunistically reset its portfolio prior to the one-year expiration date of the options.