Sowell Financial Services LLC Invests $213,000 in Innovator U.S. Equity Buffer ETF – August $BAUG

Sowell Financial Services LLC purchased a new position in shares of Innovator U.S. Equity Buffer ETF – August (BATS:BAUG) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,624 shares of the company’s stock, valued at approximately $213,000.

Several other institutional investors and hedge funds have also recently modified their holdings of BAUG. Penserra Capital Management LLC increased its holdings in Innovator U.S. Equity Buffer ETF – August by 17.2% in the 1st quarter. Penserra Capital Management LLC now owns 408,985 shares of the company’s stock valued at $17,361,000 after acquiring an additional 59,943 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Innovator U.S. Equity Buffer ETF – August by 643.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 261,886 shares of the company’s stock worth $11,117,000 after purchasing an additional 226,641 shares during the period. LPL Financial LLC boosted its stake in shares of Innovator U.S. Equity Buffer ETF – August by 75.6% during the 1st quarter. LPL Financial LLC now owns 54,618 shares of the company’s stock worth $2,319,000 after purchasing an additional 23,523 shares during the period. OLD Mission Capital LLC purchased a new stake in Innovator U.S. Equity Buffer ETF – August in the 1st quarter valued at about $886,000. Finally, WealthShield Partners LLC boosted its position in Innovator U.S. Equity Buffer ETF – August by 43.9% in the 1st quarter. WealthShield Partners LLC now owns 11,801 shares of the company’s stock valued at $501,000 after buying an additional 3,600 shares during the period.

Innovator U.S. Equity Buffer ETF – August Stock Performance

Shares of BAUG opened at $48.81 on Friday. The company has a 50 day moving average price of $47.84 and a 200-day moving average price of $44.94. Innovator U.S. Equity Buffer ETF – August has a fifty-two week low of $38.38 and a fifty-two week high of $47.22. The stock has a market capitalization of $170.84 million, a PE ratio of 24.96 and a beta of 0.68.

About Innovator U.S. Equity Buffer ETF – August

The Innovator U.S. Equity Buffer ETF – August (BAUG) is an exchange-traded fund that is based on the S&P 500 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. BAUG was launched on Aug 1, 2019 and is managed by Innovator.