West Michigan Advisors LLC Purchases New Stake in Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP)

West Michigan Advisors LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 212,930 shares of the company’s stock, valued at approximately $8,204,000. Innovator U.S. Equity Power Buffer ETF – September makes up 2.5% of West Michigan Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. West Michigan Advisors LLC owned 1.11% of Innovator U.S. Equity Power Buffer ETF – September as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. EverSource Wealth Advisors LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – September during the first quarter worth about $64,000. Ashton Thomas Private Wealth LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – September during the 2nd quarter valued at $69,000. NBC Securities Inc. purchased a new position in Innovator U.S. Equity Power Buffer ETF – September during the third quarter worth about $113,000. DHJJ Financial Advisors Ltd. boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – September by 29.0% in the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 2,968 shares of the company’s stock worth $114,000 after buying an additional 668 shares during the last quarter. Finally, Soltis Investment Advisors LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – September in the first quarter worth $207,000.

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

PSEP opened at $38.67 on Friday. The firm’s fifty day moving average is $38.18 and its 200-day moving average is $37.47. The company has a market capitalization of $742.46 million, a price-to-earnings ratio of 24.15 and a beta of 0.60.

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.