19,457 Shares in Innovator Power Buffer Step-Up Strategy ETF $PSTP Acquired by Citadel Advisors LLC

Citadel Advisors LLC bought a new position in Innovator Power Buffer Step-Up Strategy ETF (NYSEARCA:PSTP) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 19,457 shares of the company’s stock, valued at approximately $716,000.

A number of other hedge funds have also recently made changes to their positions in the company. Goldman Sachs Group Inc. bought a new position in shares of Innovator Power Buffer Step-Up Strategy ETF in the first quarter worth $238,000. JPMorgan Chase & Co. grew its position in Innovator Power Buffer Step-Up Strategy ETF by 2,234.3% during the third quarter. JPMorgan Chase & Co. now owns 7,680 shares of the company’s stock worth $267,000 after buying an additional 7,351 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in Innovator Power Buffer Step-Up Strategy ETF during the fourth quarter worth about $305,000. Brooklyn Investment Group bought a new position in Innovator Power Buffer Step-Up Strategy ETF in the 4th quarter worth about $309,000. Finally, COFG Advisors LLC bought a new position in Innovator Power Buffer Step-Up Strategy ETF in the 4th quarter worth about $315,000.

Innovator Power Buffer Step-Up Strategy ETF Stock Up 0.5%

NYSEARCA:PSTP opened at $37.40 on Friday. The business’s 50-day moving average price is $37.17 and its two-hundred day moving average price is $36.31. Innovator Power Buffer Step-Up Strategy ETF has a twelve month low of $33.12 and a twelve month high of $37.66. The stock has a market cap of $269.28 million, a P/E ratio of 24.87 and a beta of 0.52.

Innovator Power Buffer Step-Up Strategy ETF Company Profile

The Innovator Power Buffer Step-Up Strategy ETF (PSTP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trus index. The fund aims for buffered losses and gains on the SPDR S&P 500 ETF Trust (SPY) through the active use of FLEX options, which it rebalances monthly. The fund intends to opportunistically reset its portfolio prior to the one-year expiration date of the options. PSTP was launched on Mar 8, 2022 and is managed by Innovator.