Archer Investment Corp Has $6.50 Million Stake in Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG)

Archer Investment Corp increased its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – August (BATS:UAUG) by 277.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 211,318 shares of the company’s stock after acquiring an additional 155,378 shares during the quarter. Innovator U.S. Equity Ultra Buffer ETF – August comprises about 2.1% of Archer Investment Corp’s portfolio, making the stock its 8th largest holding. Archer Investment Corp owned approximately 7.24% of Innovator U.S. Equity Ultra Buffer ETF – August worth $6,496,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cetera Investment Advisers lifted its position in Innovator U.S. Equity Ultra Buffer ETF – August by 1.8% during the fourth quarter. Cetera Investment Advisers now owns 40,425 shares of the company’s stock valued at $1,056,000 after purchasing an additional 719 shares during the last quarter. Susquehanna International Group LLP bought a new position in Innovator U.S. Equity Ultra Buffer ETF – August during the fourth quarter valued at $608,000. Money Concepts Capital Corp lifted its position in Innovator U.S. Equity Ultra Buffer ETF – August by 188.2% during the fourth quarter. Money Concepts Capital Corp now owns 9,877 shares of the company’s stock valued at $258,000 after purchasing an additional 6,450 shares during the last quarter. SageView Advisory Group LLC bought a new position in Innovator U.S. Equity Ultra Buffer ETF – August during the fourth quarter valued at $283,000. Finally, Harbour Investments Inc. purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – August in the fourth quarter valued at $39,000.

Innovator U.S. Equity Ultra Buffer ETF – August Trading Down 0.1 %

Shares of UAUG traded down $0.03 during midday trading on Wednesday, hitting $32.04. The stock had a trading volume of 7,137 shares. The company’s 50-day moving average is $32.18 and its 200 day moving average is $30.69. The stock has a market capitalization of $207.62 million, a price-to-earnings ratio of 24.56 and a beta of 0.62.

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

The Innovator U.S. Equity Ultra Buffer ETF – August (UAUG) 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. UAUG was launched on Aug 1, 2019 and is managed by Innovator.