Diversify Wealth Management LLC Takes $249,000 Position in Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP)

Diversify Wealth Management LLC acquired a new stake in shares of Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) in the third quarter, HoldingsChannel reports. The fund acquired 7,866 shares of the company’s stock, valued at approximately $249,000.

A number of other hedge funds have also recently bought and sold shares of PSTP. KFG Wealth Management LLC grew its stake in Innovator Power Buffer Step-Up Strategy ETF by 7.3% during the 2nd quarter. KFG Wealth Management LLC now owns 507,279 shares of the company’s stock valued at $15,462,000 after purchasing an additional 34,468 shares in the last quarter. Atria Wealth Solutions Inc. grew its stake in Innovator Power Buffer Step-Up Strategy ETF by 443.2% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 42,072 shares of the company’s stock valued at $1,282,000 after purchasing an additional 34,327 shares in the last quarter. Wealthgarden F.S. LLC bought a new position in Innovator Power Buffer Step-Up Strategy ETF during the 2nd quarter worth approximately $770,000. Sunbelt Securities Inc. lifted its holdings in Innovator Power Buffer Step-Up Strategy ETF by 3.6% during the 2nd quarter. Sunbelt Securities Inc. now owns 243,616 shares of the company’s stock worth $7,425,000 after buying an additional 8,518 shares during the last quarter. Finally, Occidental Asset Management LLC bought a new position in Innovator Power Buffer Step-Up Strategy ETF during the 3rd quarter worth approximately $213,000.

Innovator Power Buffer Step-Up Strategy ETF Stock Up 0.2 %

NYSEARCA:PSTP opened at $31.43 on Friday. The business’s 50 day moving average is $31.36 and its two-hundred day moving average is $30.56. Innovator Power Buffer Step-Up Strategy ETF has a 52 week low of $26.58 and a 52 week high of $31.85. The company has a market cap of $91.14 million, a PE ratio of 23.67 and a beta of 0.49.

Innovator Power Buffer Step-Up Strategy ETF 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.