Archer Investment Corp Sells 15,248 Shares of Innovator U.S. Equity Ultra Buffer ETF – August $UAUG

Archer Investment Corp lowered its holdings in shares of Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) by 18.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 67,831 shares of the company’s stock after selling 15,248 shares during the period. Archer Investment Corp owned approximately 1.70% of Innovator U.S. Equity Ultra Buffer ETF – August worth $2,669,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brookstone Capital Management boosted its stake in Innovator U.S. Equity Ultra Buffer ETF – August by 1.6% during the 4th quarter. Brookstone Capital Management now owns 1,675,549 shares of the company’s stock valued at $66,888,000 after purchasing an additional 26,690 shares during the last quarter. Broussard Financial Group LLC grew its position in shares of Innovator U.S. Equity Ultra Buffer ETF – August by 4.6% during the 1st quarter. Broussard Financial Group LLC now owns 411,343 shares of the company’s stock valued at $16,184,000 after acquiring an additional 18,120 shares during the period. Raymond James Financial Inc. grew its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – August by 417.3% during the 3rd quarter. Raymond James Financial Inc. now owns 286,285 shares of the company’s stock worth $11,253,000 after acquiring an additional 230,944 shares during the period. Kestra Advisory Services LLC increased its holdings in Innovator U.S. Equity Ultra Buffer ETF – August by 7.8% in the 1st quarter. Kestra Advisory Services LLC now owns 67,587 shares of the company’s stock worth $2,659,000 after acquiring an additional 4,903 shares during the last quarter. Finally, Spire Wealth Management increased its holdings in Innovator U.S. Equity Ultra Buffer ETF – August by 2.7% in the 4th quarter. Spire Wealth Management now owns 60,144 shares of the company’s stock worth $2,401,000 after acquiring an additional 1,602 shares during the last quarter.

Innovator U.S. Equity Ultra Buffer ETF – August Stock Down 0.0%

BATS UAUG opened at $42.19 on Tuesday. The company has a market cap of $168.76 million, a PE ratio of 24.31 and a beta of 0.43. Innovator U.S. Equity Ultra Buffer ETF – August has a 52 week low of $37.64 and a 52 week high of $42.24. The firm’s 50-day simple moving average is $41.82 and its two-hundred day simple moving average is $40.72.

About Innovator U.S. Equity Ultra Buffer ETF – August

The Innovator U.S. Equity Ultra Buffer ETF – August (UAUG) 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. UAUG was launched on Aug 1, 2019 and is managed by Innovator.