Advisory Services Network LLC Lowers Stake in Innovator U.S. Equity Buffer ETF – February (BATS:BFEB)

Advisory Services Network LLC trimmed its position in shares of Innovator U.S. Equity Buffer ETF – February (BATS:BFEB) by 36.9% during the fourth quarter, Holdings Channel reports. The firm owned 7,191 shares of the company’s stock after selling 4,200 shares during the quarter. Advisory Services Network LLC’s holdings in Innovator U.S. Equity Buffer ETF – February were worth $310,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Innovator U.S. Equity Buffer ETF – February during the 4th quarter worth about $4,246,000. ORG Partners LLC purchased a new stake in Innovator U.S. Equity Buffer ETF – February during the fourth quarter worth about $26,000. JPMorgan Chase & Co. lifted its position in shares of Innovator U.S. Equity Buffer ETF – February by 96.5% during the third quarter. JPMorgan Chase & Co. now owns 14,448 shares of the company’s stock worth $606,000 after purchasing an additional 7,095 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in shares of Innovator U.S. Equity Buffer ETF – February by 10.5% in the third quarter. MML Investors Services LLC now owns 24,385 shares of the company’s stock valued at $1,023,000 after purchasing an additional 2,320 shares during the period.

Innovator U.S. Equity Buffer ETF – February Stock Down 6.0 %

Shares of BFEB opened at $39.76 on Friday. The company has a market cap of $182.10 million, a P/E ratio of 25.49 and a beta of 0.63. Innovator U.S. Equity Buffer ETF – February has a fifty-two week low of $36.65 and a fifty-two week high of $44.07. The firm’s 50 day moving average price is $41.71 and its 200 day moving average price is $42.44.

Innovator U.S. Equity Buffer ETF – February Company Profile

The Innovator S&P 500 Buffer ETF – February (BFEB) 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. BFEB was launched on Feb 3, 2020 and is managed by Innovator.