Archer Investment Corp Lowers Stake in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP)

Archer Investment Corp trimmed its stake in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) by 5.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,755 shares of the company’s stock after selling 553 shares during the period. Archer Investment Corp owned about 0.53% of Innovator U.S. Equity Ultra Buffer ETF – September worth $343,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of USEP. Reston Wealth Management LLC bought a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the third quarter valued at about $93,000. Truvestments Capital LLC bought a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the 3rd quarter valued at about $151,000. Worth Financial Advisory Group LLC purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the 3rd quarter worth approximately $240,000. Foundations Investment Advisors LLC bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September during the fourth quarter valued at approximately $255,000. Finally, Physician Wealth Advisors Inc. purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – September during the third quarter valued at approximately $256,000.

Innovator U.S. Equity Ultra Buffer ETF – September Price Performance

Shares of Innovator U.S. Equity Ultra Buffer ETF – September stock opened at $35.84 on Friday. The business has a 50 day moving average price of $35.48 and a 200-day moving average price of $34.83. The company has a market capitalization of $66.31 million, a P/E ratio of 24.57 and a beta of 0.55.

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.