Brookstone Capital Management Trims Position in Innovator U.S. Equity Ultra Buffer ETF – March (BATS:UMAR)

Brookstone Capital Management trimmed its position in Innovator U.S. Equity Ultra Buffer ETF – March (BATS:UMAR) by 78.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 129,890 shares of the company’s stock after selling 474,586 shares during the period. Brookstone Capital Management’s holdings in Innovator U.S. Equity Ultra Buffer ETF – March were worth $4,531,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in UMAR. Advance Capital Management Inc. purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – March in the first quarter worth $36,845,000. Central Valley Advisors LLC purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – March in the first quarter worth $8,177,000. Worth Financial Advisory Group LLC purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – March in the first quarter worth $2,656,000. KFG Wealth Management LLC grew its stake in Innovator U.S. Equity Ultra Buffer ETF – March by 208.4% in the first quarter. KFG Wealth Management LLC now owns 90,548 shares of the company’s stock worth $2,957,000 after purchasing an additional 61,184 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in Innovator U.S. Equity Ultra Buffer ETF – March by 112.3% in the first quarter. Commonwealth Equity Services LLC now owns 67,230 shares of the company’s stock worth $2,196,000 after purchasing an additional 35,560 shares during the period.

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

BATS UMAR opened at $34.95 on Friday. The stock has a market capitalization of $175.77 million, a PE ratio of 23.14 and a beta of 0.41. The business has a 50 day moving average of $34.24 and a two-hundred day moving average of $33.46.

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

The Innovator S&P 500 Ultra Buffer ETF – March (UMAR) 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. UMAR was launched on Mar 2, 2020 and is managed by Innovator.