MeadowBrook Investment Advisors LLC Makes New $597,000 Investment in Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP)

MeadowBrook Investment Advisors LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) during the 4th quarter, Holdings Channel reports. The fund bought 15,285 shares of the company’s stock, valued at approximately $597,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Penserra Capital Management LLC boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – September by 5.9% during the 3rd quarter. Penserra Capital Management LLC now owns 1,027,312 shares of the company’s stock valued at $39,582,000 after purchasing an additional 57,072 shares in the last quarter. Brookstone Capital Management raised its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 11.8% in the 4th quarter. Brookstone Capital Management now owns 894,965 shares of the company’s stock worth $34,980,000 after acquiring an additional 94,299 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 164.9% in the 3rd quarter. HighTower Advisors LLC now owns 586,614 shares of the company’s stock worth $22,601,000 after acquiring an additional 365,136 shares in the last quarter. Joseph Group Capital Management lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – September by 4.0% in the 3rd quarter. Joseph Group Capital Management now owns 420,573 shares of the company’s stock valued at $16,205,000 after purchasing an additional 16,253 shares during the period. Finally, West Michigan Advisors LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – September during the third quarter valued at approximately $8,204,000.

Innovator U.S. Equity Power Buffer ETF – September Stock Performance

PSEP opened at $39.80 on Wednesday. The company has a market capitalization of $764.16 million, a P/E ratio of 24.15 and a beta of 0.60. The business has a 50-day moving average price of $39.42 and a two-hundred day moving average price of $38.71.

Innovator U.S. Equity Power Buffer ETF – September Profile

The Innovator S&P 500 Power Buffer ETF – September (PSEP) is an exchange-traded fund that is based on the S&P 500 Price Return 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.