Krilogy Financial LLC Lowers Stock Holdings in Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP)

Krilogy Financial LLC lowered its holdings in shares of Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) by 9.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 142,328 shares of the company’s stock after selling 14,545 shares during the quarter. Krilogy Financial LLC owned approximately 4.31% of Innovator Power Buffer Step-Up Strategy ETF worth $4,470,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of PSTP. JPMorgan Chase & Co. boosted its position in Innovator Power Buffer Step-Up Strategy ETF by 68.7% during the fourth quarter. JPMorgan Chase & Co. now owns 3,820 shares of the company’s stock worth $122,000 after purchasing an additional 1,555 shares in the last quarter. Stegent Equity Advisors Inc. purchased a new position in Innovator Power Buffer Step-Up Strategy ETF during the fourth quarter worth approximately $201,000. Harbour Investments Inc. boosted its position in Innovator Power Buffer Step-Up Strategy ETF by 5.4% during the fourth quarter. Harbour Investments Inc. now owns 10,304 shares of the company’s stock worth $330,000 after purchasing an additional 529 shares in the last quarter. Wealthgarden F.S. LLC purchased a new position in shares of Innovator Power Buffer Step-Up Strategy ETF in the fourth quarter valued at approximately $943,000. Finally, Signature Estate & Investment Advisors LLC purchased a new position in shares of Innovator Power Buffer Step-Up Strategy ETF in the fourth quarter valued at approximately $1,023,000.

Innovator Power Buffer Step-Up Strategy ETF Price Performance

NYSEARCA PSTP opened at $32.69 on Friday. The company has a market cap of $108.86 million, a PE ratio of 24.87 and a beta of 0.53. The stock’s 50 day simple moving average is $31.72 and its 200-day simple moving average is $31.96. Innovator Power Buffer Step-Up Strategy ETF has a 1-year low of $29.16 and a 1-year high of $34.00.

About Innovator Power Buffer Step-Up Strategy ETF

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.