Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) Stock Position Increased by KFG Wealth Management LLC

KFG Wealth Management LLC raised its position in shares of Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) by 12.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 456,987 shares of the company’s stock after purchasing an additional 49,532 shares during the quarter. Innovator Power Buffer Step-Up Strategy ETF accounts for 5.9% of KFG Wealth Management LLC’s portfolio, making the stock its 4th largest position. KFG Wealth Management LLC owned approximately 16.80% of Innovator Power Buffer Step-Up Strategy ETF worth $12,890,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in PSTP. Krilogy Financial LLC lifted its holdings in shares of Innovator Power Buffer Step-Up Strategy ETF by 13.0% in the 4th quarter. Krilogy Financial LLC now owns 241,100 shares of the company’s stock valued at $6,801,000 after buying an additional 27,770 shares during the period. Lineweaver Wealth Advisors LLC lifted its holdings in shares of Innovator Power Buffer Step-Up Strategy ETF by 8.1% in the 4th quarter. Lineweaver Wealth Advisors LLC now owns 180,987 shares of the company’s stock valued at $5,105,000 after buying an additional 13,527 shares during the period. Aire Advisors LLC lifted its holdings in shares of Innovator Power Buffer Step-Up Strategy ETF by 12.3% in the 3rd quarter. Aire Advisors LLC now owns 376,320 shares of the company’s stock valued at $10,031,000 after buying an additional 41,110 shares during the period. Cambridge Advisors Inc. lifted its holdings in shares of Innovator Power Buffer Step-Up Strategy ETF by 4.7% in the 4th quarter. Cambridge Advisors Inc. now owns 28,722 shares of the company’s stock valued at $810,000 after buying an additional 1,300 shares during the period. Finally, Cambridge Investment Research Advisors Inc. acquired a new position in shares of Innovator Power Buffer Step-Up Strategy ETF in the 3rd quarter valued at about $399,000.

Innovator Power Buffer Step-Up Strategy ETF Price Performance

NYSEARCA PSTP traded down $0.11 during trading hours on Friday, reaching $28.85. The company’s stock had a trading volume of 4,157 shares, compared to its average volume of 10,861. The firm has a market capitalization of $83.09 million, a price-to-earnings ratio of 23.32 and a beta of 0.50. Innovator Power Buffer Step-Up Strategy ETF has a 1-year low of $25.85 and a 1-year high of $29.55. The company’s 50-day moving average is $29.18 and its two-hundred day moving average is $28.16.

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.