Brookstone Capital Management Acquires 28,105 Shares of Innovator U.S. Equity Ultra Buffer ETF – September $USEP

Brookstone Capital Management lifted its stake in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) by 1.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,618,090 shares of the company’s stock after purchasing an additional 28,105 shares during the quarter. Innovator U.S. Equity Ultra Buffer ETF – September makes up about 0.7% of Brookstone Capital Management’s portfolio, making the stock its 28th largest holding. Brookstone Capital Management owned approximately 0.45% of Innovator U.S. Equity Ultra Buffer ETF – September worth $63,641,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Nations Financial Group Inc. IA ADV purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – September during the third quarter valued at $493,000. Arkadios Wealth Advisors purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the third quarter worth $501,000. Central Valley Advisors LLC grew its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 26.4% in the third quarter. Central Valley Advisors LLC now owns 72,551 shares of the company’s stock worth $2,806,000 after acquiring an additional 15,135 shares during the last quarter. Signaturefd LLC bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September during the third quarter valued at $7,516,000. Finally, Founders Financial Securities LLC bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September during the third quarter valued at $632,000.

Innovator U.S. Equity Ultra Buffer ETF – September Price Performance

USEP opened at $38.11 on Tuesday. The firm has a market cap of $138.34 million, a PE ratio of 24.18 and a beta of 0.40. The stock has a 50-day moving average price of $39.30 and a 200-day moving average price of $39.08. Innovator U.S. Equity Ultra Buffer ETF – September has a 1 year low of $32.42 and a 1 year high of $39.76.

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

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.