Truist Financial Corp Reduces Holdings in Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP)

Truist Financial Corp trimmed its position in shares of Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) by 0.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 159,642 shares of the company’s stock after selling 420 shares during the quarter. Truist Financial Corp’s holdings in Innovator U.S. Equity Power Buffer ETF – September were worth $6,240,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Penserra Capital Management LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – September by 5.9% during the third quarter. Penserra Capital Management LLC now owns 1,027,312 shares of the company’s stock worth $39,582,000 after buying an additional 57,072 shares during the period. Allworth Financial LP boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – September by 17,984.2% during the fourth quarter. Allworth Financial LP now owns 914,879 shares of the company’s stock valued at $36,357,000 after purchasing an additional 909,820 shares during the period. Brookstone Capital Management boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – September by 11.8% during the fourth quarter. Brookstone Capital Management now owns 894,965 shares of the company’s stock valued at $34,980,000 after purchasing an additional 94,299 shares during the period. HighTower Advisors LLC boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – September by 164.9% during the third quarter. HighTower Advisors LLC now owns 586,614 shares of the company’s stock valued at $22,601,000 after purchasing an additional 365,136 shares during the period. Finally, Joseph Group Capital Management boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – September by 4.0% during the third 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.

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

Shares of PSEP opened at $39.71 on Friday. The stock has a market capitalization of $762.34 million, a price-to-earnings ratio of 24.15 and a beta of 0.60. The company’s 50-day moving average is $39.50 and its two-hundred day moving average is $38.85.

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.