Cambridge Advisors Inc. Has $752,000 Stock Position in Innovator Power Buffer Step-Up Strategy ETF $PSTP

Cambridge Advisors Inc. reduced its stake in shares of Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) by 4.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,520 shares of the company’s stock after selling 1,040 shares during the quarter. Cambridge Advisors Inc. owned 0.65% of Innovator Power Buffer Step-Up Strategy ETF worth $752,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. OFC Financial Planning LLC lifted its position in shares of Innovator Power Buffer Step-Up Strategy ETF by 1.1% during the 1st quarter. OFC Financial Planning LLC now owns 30,352 shares of the company’s stock worth $953,000 after buying an additional 342 shares during the last quarter. Lineweaver Wealth Advisors LLC lifted its position in shares of Innovator Power Buffer Step-Up Strategy ETF by 0.3% during the 2nd quarter. Lineweaver Wealth Advisors LLC now owns 211,093 shares of the company’s stock worth $7,045,000 after buying an additional 594 shares during the last quarter. Wealthgarden F.S. LLC lifted its position in shares of Innovator Power Buffer Step-Up Strategy ETF by 4.0% during the 1st quarter. Wealthgarden F.S. LLC now owns 30,638 shares of the company’s stock worth $962,000 after buying an additional 1,185 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Innovator Power Buffer Step-Up Strategy ETF by 4.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 73,307 shares of the company’s stock worth $2,302,000 after buying an additional 3,281 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Innovator Power Buffer Step-Up Strategy ETF by 4.0% during the 1st quarter. Cetera Investment Advisers now owns 105,712 shares of the company’s stock worth $3,320,000 after buying an additional 4,059 shares during the last quarter.

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

Shares of PSTP stock opened at $34.60 on Friday. Innovator Power Buffer Step-Up Strategy ETF has a twelve month low of $29.16 and a twelve month high of $34.79. The company has a market cap of $122.14 million, a P/E ratio of 24.87 and a beta of -0.55. The business has a fifty day simple moving average of $34.19 and a 200 day simple moving average of $32.77.

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.