Sovran Advisors LLC Decreases Holdings in Innovator U.S. Equity Ultra Buffer ETF – September $USEP

Sovran Advisors LLC lowered its holdings in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) by 13.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 535,298 shares of the company’s stock after selling 86,491 shares during the quarter. Innovator U.S. Equity Ultra Buffer ETF – September accounts for approximately 1.8% of Sovran Advisors LLC’s investment portfolio, making the stock its 4th largest holding. Sovran Advisors LLC owned 0.15% of Innovator U.S. Equity Ultra Buffer ETF – September worth $21,176,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Nations Financial Group Inc. IA ADV purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – September in the third quarter valued at approximately $493,000. Arkadios Wealth Advisors purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – September in the 3rd quarter worth approximately $501,000. Brookstone Capital Management increased its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 3,110.0% in the 3rd quarter. Brookstone Capital Management now owns 1,589,985 shares of the company’s stock worth $61,485,000 after buying an additional 1,540,452 shares during the last quarter. Central Valley Advisors LLC increased its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 26.4% in the 3rd quarter. Central Valley Advisors LLC now owns 72,551 shares of the company’s stock worth $2,806,000 after buying an additional 15,135 shares during the last quarter. Finally, Founders Financial Securities LLC purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September during the 3rd quarter valued at $632,000.

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

BATS USEP opened at $38.85 on Friday. Innovator U.S. Equity Ultra Buffer ETF – September has a 52-week low of $32.42 and a 52-week high of $39.76. The company has a market capitalization of $141.03 million, a P/E ratio of 24.18 and a beta of 0.40. The company has a fifty day moving average of $39.25 and a 200-day moving average of $39.09.

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.