Brookstone Capital Management Buys 85,516 Shares of Innovator U.S. Equity Buffer ETF – August (BATS:BAUG)

Brookstone Capital Management grew its stake in shares of Innovator U.S. Equity Buffer ETF – August (BATS:BAUG) by 22.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 474,240 shares of the company’s stock after acquiring an additional 85,516 shares during the period. Brookstone Capital Management owned about 11.35% of Innovator U.S. Equity Buffer ETF – August worth $20,669,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sugarloaf Wealth Management LLC purchased a new position in Innovator U.S. Equity Buffer ETF – August during the third quarter valued at approximately $67,000. JPMorgan Chase & Co. purchased a new position in Innovator U.S. Equity Buffer ETF – August in the third quarter worth $180,000. Daymark Wealth Partners LLC purchased a new position in Innovator U.S. Equity Buffer ETF – August in the third quarter worth $212,000. Orion Portfolio Solutions LLC purchased a new position in Innovator U.S. Equity Buffer ETF – August in the third quarter worth $277,000. Finally, Tradition Wealth Management LLC purchased a new position in Innovator U.S. Equity Buffer ETF – August in the third quarter worth $278,000.

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

BATS BAUG traded down $0.38 on Monday, hitting $43.36. The stock had a trading volume of 6,285 shares. The business has a 50-day moving average of $43.86 and a two-hundred day moving average of $42.49. The company has a market capitalization of $181.24 million, a PE ratio of 24.58 and a beta of 0.77.

Innovator U.S. Equity Buffer ETF – August Profile

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.