Fragasso Financial Advisors Inc Sells 19,133 Shares of Innovator U.S. Equity Buffer ETF – March (BATS:BMAR)

Fragasso Financial Advisors Inc trimmed its stake in shares of Innovator U.S. Equity Buffer ETF – March (BATS:BMAR) by 42.0% during the fourth quarter, HoldingsChannel reports. The fund owned 26,426 shares of the company’s stock after selling 19,133 shares during the period. Fragasso Financial Advisors Inc’s holdings in Innovator U.S. Equity Buffer ETF – March were worth $1,219,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Penserra Capital Management LLC increased its stake in Innovator U.S. Equity Buffer ETF – March by 26.1% in the 3rd quarter. Penserra Capital Management LLC now owns 292,374 shares of the company’s stock valued at $13,163,000 after buying an additional 60,516 shares during the last quarter. HFG Wealth Management LLC acquired a new position in shares of Innovator U.S. Equity Buffer ETF – March during the 2nd quarter worth about $623,000. Outlook Wealth Advisors LLC increased its stake in shares of Innovator U.S. Equity Buffer ETF – March by 3.4% during the 3rd quarter. Outlook Wealth Advisors LLC now owns 386,972 shares of the company’s stock worth $17,423,000 after purchasing an additional 12,615 shares during the last quarter. Benjamin Edwards Inc. acquired a new position in shares of Innovator U.S. Equity Buffer ETF – March during the 3rd quarter worth about $447,000. Finally, World Investment Advisors LLC acquired a new position in shares of Innovator U.S. Equity Buffer ETF – March during the 3rd quarter worth about $284,000.

Innovator U.S. Equity Buffer ETF – March Stock Down 0.9 %

Shares of BMAR stock traded down $0.44 during midday trading on Monday, hitting $45.93. 57,335 shares of the company were exchanged. The stock has a market cap of $206.69 million, a price-to-earnings ratio of 24.20 and a beta of 0.64. The firm has a 50 day moving average price of $46.28 and a 200 day moving average price of $44.86.

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

The Innovator S&P 500 Buffer ETF – March (BMAR) 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. BMAR was launched on Mar 2, 2020 and is managed by Innovator.