Northwestern Mutual Wealth Management Co. Buys 1,069,542 Shares of Innovator U.S. Equity Power Buffer ETF – September $PSEP

Northwestern Mutual Wealth Management Co. lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) by 159,633.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,070,212 shares of the company’s stock after acquiring an additional 1,069,542 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 6.00% of Innovator U.S. Equity Power Buffer ETF – September worth $46,788,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in PSEP. Key Capital Management INC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – September during the fourth quarter worth about $46,000. EverSource Wealth Advisors LLC increased its holdings in Innovator U.S. Equity Power Buffer ETF – September by 53.7% in the third quarter. EverSource Wealth Advisors LLC now owns 1,549 shares of the company’s stock worth $67,000 after purchasing an additional 541 shares in the last quarter. Elevated Capital Advisors LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – September in the fourth quarter worth approximately $83,000. Capital Investment Advisory Services LLC increased its holdings in Innovator U.S. Equity Power Buffer ETF – September by 33.3% in the third quarter. Capital Investment Advisory Services LLC now owns 2,257 shares of the company’s stock worth $97,000 after purchasing an additional 564 shares in the last quarter. Finally, Optima Capital LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – September in the fourth quarter worth approximately $127,000.

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

Shares of PSEP stock opened at $45.52 on Tuesday. The company has a market cap of $812.53 million, a P/E ratio of 25.05 and a beta of 0.48. The stock has a 50 day simple moving average of $44.19 and a two-hundred day simple moving average of $43.83. Innovator U.S. Equity Power Buffer ETF – September has a fifty-two week low of $39.18 and a fifty-two week high of $45.62.

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

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.