Archer Investment Corp Purchases 1,622 Shares of Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP)

Archer Investment Corp increased its position in Innovator U.S. Equity Ultra Buffer ETF – September (BATS:USEP) by 1.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 106,458 shares of the company’s stock after acquiring an additional 1,622 shares during the quarter. Innovator U.S. Equity Ultra Buffer ETF – September comprises about 1.1% of Archer Investment Corp’s holdings, making the stock its 18th biggest holding. Archer Investment Corp owned 4.53% of Innovator U.S. Equity Ultra Buffer ETF – September worth $3,334,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of USEP. UBS Group AG bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – September in the fourth quarter valued at approximately $113,000. Cetera Investment Advisers raised its stake in Innovator U.S. Equity Ultra Buffer ETF – September by 1.6% in the fourth quarter. Cetera Investment Advisers now owns 27,021 shares of the company’s stock valued at $713,000 after purchasing an additional 415 shares in the last quarter. First Commonwealth Financial Corp PA purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – September in the fourth quarter valued at approximately $510,000. Money Concepts Capital Corp raised its stake in Innovator U.S. Equity Ultra Buffer ETF – September by 592.6% in the fourth quarter. Money Concepts Capital Corp now owns 39,102 shares of the company’s stock valued at $1,032,000 after purchasing an additional 33,456 shares in the last quarter. Finally, LPL Financial LLC raised its stake in Innovator U.S. Equity Ultra Buffer ETF – September by 50.9% in the first quarter. LPL Financial LLC now owns 25,443 shares of the company’s stock valued at $700,000 after purchasing an additional 8,580 shares in the last quarter.

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

USEP traded down $0.01 on Wednesday, reaching $32.50. The company had a trading volume of 4,970 shares. The business has a 50-day moving average of $32.56 and a 200 day moving average of $31.22. The stock has a market capitalization of $61.10 million, a P/E ratio of 24.44 and a beta of 0.56.

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

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.