Cambridge Advisors Inc. Sells 1,469 Shares of Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP)

Cambridge Advisors Inc. decreased its holdings in shares of Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 90,961 shares of the company’s stock after selling 1,469 shares during the quarter. Innovator Buffer Step-Up Strategy ETF comprises approximately 0.7% of Cambridge Advisors Inc.’s holdings, making the stock its 27th largest position. Cambridge Advisors Inc.’s holdings in Innovator Buffer Step-Up Strategy ETF were worth $3,021,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Barclays PLC acquired a new position in shares of Innovator Buffer Step-Up Strategy ETF during the third quarter worth approximately $177,000. FSA Advisors Inc. increased its holdings in shares of Innovator Buffer Step-Up Strategy ETF by 8.9% during the 3rd quarter. FSA Advisors Inc. now owns 7,939 shares of the company’s stock worth $260,000 after purchasing an additional 648 shares during the period. Diversify Wealth Management LLC acquired a new position in shares of Innovator Buffer Step-Up Strategy ETF during the third quarter valued at about $307,000. HighTower Advisors LLC raised its position in shares of Innovator Buffer Step-Up Strategy ETF by 8.9% during the third quarter. HighTower Advisors LLC now owns 15,457 shares of the company’s stock valued at $507,000 after buying an additional 1,259 shares during the last quarter. Finally, Merit Financial Group LLC bought a new stake in shares of Innovator Buffer Step-Up Strategy ETF in the fourth quarter valued at about $564,000.

Innovator Buffer Step-Up Strategy ETF Stock Up 0.5 %

Shares of BSTP opened at $33.75 on Friday. The stock’s 50-day moving average price is $33.53 and its 200 day moving average price is $32.60. The firm has a market capitalization of $61.76 million, a price-to-earnings ratio of 24.26 and a beta of 0.68. Innovator Buffer Step-Up Strategy ETF has a 12-month low of $28.42 and a 12-month high of $34.69.

Innovator Buffer Step-Up Strategy ETF Company Profile

The Innovator Buffer Step-Up Strategy ETF (BSTP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for exposure to the SPDR S&P 500 ETF Trust (SPY) with buffered losses and gains through the active use of FLEX options, rebalanced monthly. The fund intends to opportunistically reset its portfolio prior to the one-year expiration date of the options.