Archer Investment Corp Sells 7,027 Shares of Innovator U.S. Equity Ultra Buffer ETF – February (BATS:UFEB)

Archer Investment Corp reduced its position in Innovator U.S. Equity Ultra Buffer ETF – February (BATS:UFEB) by 75.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,310 shares of the company’s stock after selling 7,027 shares during the period. Archer Investment Corp owned 0.10% of Innovator U.S. Equity Ultra Buffer ETF – February worth $68,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – February in the 1st quarter valued at about $35,000. Creative Planning bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – February in the 3rd quarter valued at about $82,000. UBS Group AG bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – February in the 4th quarter valued at about $100,000. Foundations Investment Advisors LLC bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – February in the 3rd quarter valued at about $227,000. Finally, Harbour Investments Inc. raised its stake in Innovator U.S. Equity Ultra Buffer ETF – February by 24.4% in the 4th quarter. Harbour Investments Inc. now owns 9,381 shares of the company’s stock valued at $247,000 after acquiring an additional 1,842 shares during the period.

Innovator U.S. Equity Ultra Buffer ETF – February Stock Down 0.2 %

UFEB stock opened at $30.25 on Thursday. The stock has a market cap of $92.27 million, a price-to-earnings ratio of 23.64 and a beta of 0.47. The firm’s fifty day moving average is $30.46 and its 200-day moving average is $29.33.

Innovator U.S. Equity Ultra Buffer ETF – February Profile

The Innovator U.S. Equity Ultra Buffer ETF – February (UFEB) 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. UFEB was launched on Feb 3, 2020 and is managed by Innovator.