Archer Investment Corp Lowers Stake in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP)

Archer Investment Corp decreased its position in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) by 5.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,755 shares of the company’s stock after selling 553 shares during the quarter. Archer Investment Corp’s holdings in Innovator U.S. Equity Ultra Buffer ETF – September were worth $343,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sigma Planning Corp purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the 3rd quarter valued at $346,000. HighTower Advisors LLC purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – September during the third quarter worth about $903,000. Fiduciary Financial Group LLC lifted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – September by 137.8% during the third quarter. Fiduciary Financial Group LLC now owns 24,257 shares of the company’s stock worth $841,000 after purchasing an additional 14,057 shares in the last quarter. Fermata Advisors LLC lifted its holdings in Innovator U.S. Equity Ultra Buffer ETF – September by 46.9% during the 3rd quarter. Fermata Advisors LLC now owns 9,249 shares of the company’s stock worth $321,000 after buying an additional 2,951 shares in the last quarter. Finally, O Connor Financial Group LLC purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – September in the third quarter valued at $459,000.

Innovator U.S. Equity Ultra Buffer ETF – September Trading Up 0.1 %

Shares of BATS USEP opened at $35.84 on Friday. The stock has a market cap of $66.31 million, a P/E ratio of 24.57 and a beta of 0.55. The business’s fifty day moving average is $35.48 and its 200-day moving average is $34.83.

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.