Archer Investment Corp Has $358,000 Position in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP)

Archer Investment Corp cut its holdings in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) by 88.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,308 shares of the company’s stock after selling 78,941 shares during the quarter. Archer Investment Corp owned about 0.56% of Innovator U.S. Equity Ultra Buffer ETF – September worth $358,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Reston Wealth Management LLC bought a new position in Innovator U.S. Equity Ultra Buffer ETF – September during the third quarter worth $93,000. Triad Wealth Partners LLC bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – September in the 2nd quarter valued at $113,000. Worth Financial Advisory Group LLC bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – September in the 3rd quarter valued at $240,000. Physician Wealth Advisors Inc. bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – September in the 3rd quarter valued at $256,000. Finally, Fermata Advisors LLC increased its holdings in Innovator U.S. Equity Ultra Buffer ETF – September by 46.9% in the 3rd quarter. Fermata Advisors LLC now owns 9,249 shares of the company’s stock valued at $321,000 after buying an additional 2,951 shares during the period.

Innovator U.S. Equity Ultra Buffer ETF – September Trading Down 0.3 %

Innovator U.S. Equity Ultra Buffer ETF – September stock traded down $0.09 on Friday, hitting $35.20. The company’s stock had a trading volume of 3,533 shares. The stock has a market capitalization of $65.12 million, a price-to-earnings ratio of 24.57 and a beta of 0.55. The firm has a 50 day simple moving average of $34.70 and a two-hundred day simple moving average of $34.03.

About Innovator U.S. Equity Ultra Buffer ETF – September

The Innovator S&P 500 Ultra Buffer ETF – September (USEP) 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. USEP was launched on Sep 3, 2019 and is managed by Innovator.