Sovran Advisors LLC Purchases 57,341 Shares of Innovator Nasdaq-100 10 Buffer ETF - Quarterly $QBUF

Key Points

• Sovran Advisors LLC increased its stake in the Innovator Nasdaq-100 10 Buffer ETF - Quarterly (NASDAQ:QBUF) by 241.5% in Q2, now owning approximately 2.12% of the ETF, valued at $2.24 million.
• Multiple institutional investors, including Raymond James Financial and Motiv8 Investments, have significantly raised their holdings in QBUF during the same period.
• The ETF has a 52-week price range of $24.36 to $28.60 and currently has a market cap of $153.65 million.

Sovran Advisors LLC raised its position in Innovator Nasdaq-100 10 Buffer ETF - Quarterly (NASDAQ:QBUF - Free Report) by 241.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 81,084 shares of the company's stock after purchasing an additional 57,341 shares during the quarter. Sovran Advisors LLC owned 2.12% of Innovator Nasdaq-100 10 Buffer ETF - Quarterly worth $2,243,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in QBUF. Sunbelt Securities Inc. raised its holdings in Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 400.0% during the 4th quarter. Sunbelt Securities Inc. now owns 1,000 shares of the company's stock worth $26,000 after purchasing an additional 800 shares during the last quarter. Centaurus Financial Inc. acquired a new stake in Innovator Nasdaq-100 10 Buffer ETF - Quarterly during the fourth quarter worth approximately $168,000. Red Crane Wealth Management LLC acquired a new stake in Innovator Nasdaq-100 10 Buffer ETF - Quarterly during the first quarter worth approximately $271,000. First Heartland Consultants Inc. grew its stake in Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 20.5% during the fourth quarter. First Heartland Consultants Inc. now owns 10,397 shares of the company's stock worth $274,000 after purchasing an additional 1,772 shares during the period. Finally, Cetera Investment Advisers acquired a new stake in Innovator Nasdaq-100 10 Buffer ETF - Quarterly during the fourth quarter worth approximately $277,000.

Innovator Nasdaq-100 10 Buffer ETF - Quarterly Trading Up 0.1%

NASDAQ QBUF traded up $0.02 during trading hours on Monday, hitting $28.66. 7,837 shares of the company's stock were exchanged, compared to its average volume of 56,808. The stock has a 50-day simple moving average of $28.18 and a 200 day simple moving average of $27.28. Innovator Nasdaq-100 10 Buffer ETF - Quarterly has a 1-year low of $24.36 and a 1-year high of $28.70. The firm has a market cap of $154.16 million and a price-to-earnings ratio of 30.14.

Innovator Nasdaq-100 10 Buffer ETF - Quarterly Company Profile

The Innovator Nasdaq-100 10 Buffer ETF Quarterly (QBUF) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to participate in the price movement of the QQQ ETF, up to a cap while buffering the first 10% decline. The fund resets its buffer and cap levels every three months QBUF was launched on Jun 30, 2024 and is issued by Innovator.