Bedel Financial Consulting Inc. Has $443,000 Stock Position in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP)

Bedel Financial Consulting Inc. reduced its position in Innovator Buffer Step-Up Strategy ETF (NYSEARCA:BSTP) by 3.5% in the 4th quarter, HoldingsChannel reports. The firm owned 12,989 shares of the company’s stock after selling 477 shares during the period. Bedel Financial Consulting Inc.’s holdings in Innovator Buffer Step-Up Strategy ETF were worth $443,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Allworth Financial LP acquired a new stake in shares of Innovator Buffer Step-Up Strategy ETF in the fourth quarter valued at approximately $41,000. Barclays PLC acquired a new stake in Innovator Buffer Step-Up Strategy ETF during the 3rd quarter valued at $177,000. KFG Wealth Management LLC acquired a new stake in Innovator Buffer Step-Up Strategy ETF during the 4th quarter valued at $245,000. HighTower Advisors LLC boosted its position in Innovator Buffer Step-Up Strategy ETF by 8.9% during the third quarter. HighTower Advisors LLC now owns 15,457 shares of the company’s stock worth $507,000 after purchasing an additional 1,259 shares during the period. Finally, Merit Financial Group LLC acquired a new position in shares of Innovator Buffer Step-Up Strategy ETF in the fourth quarter valued at $564,000.

Innovator Buffer Step-Up Strategy ETF Stock Performance

Shares of BSTP opened at $33.25 on Tuesday. The firm has a market cap of $69.83 million, a P/E ratio of 26.55 and a beta of 0.71. Innovator Buffer Step-Up Strategy ETF has a 52 week low of $29.27 and a 52 week high of $34.69. The firm’s 50-day simple moving average is $33.77 and its 200 day simple moving average is $33.17.

Innovator Buffer Step-Up Strategy ETF Profile

The Innovator Buffer Step-Up Strategy ETF (BSTP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for exposure to the SPDR S&P 500 ETF Trust (SPY) with buffered losses and gains through the active use of FLEX options, rebalanced monthly. The fund intends to opportunistically reset its portfolio prior to the one-year expiration date of the options.