Sunbelt Securities Inc. Trims Stock Holdings in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP)

Sunbelt Securities Inc. cut its holdings in shares of Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) by 1.5% during the third quarter, HoldingsChannel.com reports. The fund owned 197,835 shares of the company’s stock after selling 2,919 shares during the quarter. Sunbelt Securities Inc. owned approximately 0.11% of Innovator Buffer Step-Up Strategy ETF worth $6,473,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the business. Brookstone Capital Management increased its holdings in shares of Innovator Buffer Step-Up Strategy ETF by 6.4% in the third quarter. Brookstone Capital Management now owns 241,163 shares of the company’s stock valued at $7,891,000 after purchasing an additional 14,491 shares during the period. D.B. Root & Company LLC increased its stake in Innovator Buffer Step-Up Strategy ETF by 21.6% in the 3rd quarter. D.B. Root & Company LLC now owns 168,377 shares of the company’s stock valued at $5,509,000 after buying an additional 29,855 shares during the period. Cambridge Advisors Inc. raised its position in Innovator Buffer Step-Up Strategy ETF by 2.0% during the 3rd quarter. Cambridge Advisors Inc. now owns 92,430 shares of the company’s stock worth $3,024,000 after buying an additional 1,777 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its stake in shares of Innovator Buffer Step-Up Strategy ETF by 5.2% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 47,275 shares of the company’s stock worth $1,547,000 after acquiring an additional 2,319 shares during the period. Finally, Capstone Triton Financial Group LLC boosted its holdings in shares of Innovator Buffer Step-Up Strategy ETF by 11.2% in the third quarter. Capstone Triton Financial Group LLC now owns 34,755 shares of the company’s stock valued at $1,137,000 after acquiring an additional 3,494 shares in the last quarter.

Innovator Buffer Step-Up Strategy ETF Trading Down 0.2 %

BSTP stock opened at $33.73 on Wednesday. Innovator Buffer Step-Up Strategy ETF has a 52 week low of $27.71 and a 52 week high of $34.69. The company has a market cap of $61.73 million, a P/E ratio of 24.26 and a beta of 0.68. The company’s 50-day moving average price is $33.17 and its 200 day moving average price is $32.14.

About Innovator Buffer Step-Up Strategy ETF

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.