Summary
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Buffer ETFs: A Powerful Tool For Managing Risk
In this article, we explore the basics of buffer ETFs and share our thoughts on why we think these ETFs could be a powerful tool for managing risk. By selecting a buffer ETF with a predefined payoff profile that best matches one's preferences, one can achieve the equivalent of a customized option strategy to position for a pullback. The ideal scenario for using buffer ETFs would be when the market has performed exceptionally well and is at risk of a potential pullback.
Innovator U.S. Equity Buffer ETF – August (BATS:BAUG) Shares Sold by Beacon Pointe Advisors LLC
Beacon Pointe Advisors LLC trimmed its holdings in shares of Innovator U.S. Equity Buffer ETF – August (BATS:BAUG – Free Report) by 34.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,463 shares of the company’s stock after selling 23,940 shares during the period. Beacon Pointe Advisors LLC owned about 1.19% of Innovator U.S. Equity Buffer ETF – August worth $1,672,000 as of its most recent SEC filing. Several other institutional investors have also recently modified their holdings of the stock. Stratos Wealth Advisors LLC acquired a new stake in shares of Innovator U.S. Equity Buffer ETF – August during the 4th quarter worth about $218,000. Share Andrew L. purchased a new position in shares of Innovator U.S. Equity Buffer ETF – August during the 3rd quarter worth $257,000. J.W. Cole Advisors Inc. purchased a new stake in shares of Innovator U.S. Equity Buffer ETF – August in the fourth quarter valued at $332,000. Strategic Blueprint LLC lifted its position in Innovator U.S. Equity Buffer ETF – August by 25.3% during the fourth quarter. Strategic Blueprint LLC now owns 10,448 shares of the company’s stock worth $376,000 after buying an additional 2,107 shares during the period. Finally, Principal Securities Inc. acquired a new stake in Innovator U.S. Equity Buffer ETF – August in the 4th quarter worth about $409,000. Innovator U.S. Equity Buffer ETF – August Stock Performance BATS BAUG opened at $39.47 on Monday. The company’s 50 day moving average is $38.43 and its 200-day moving average is $36.82. The firm has a market cap of $164.98 million, a P/E ratio of 24.58 and a beta of 0.77. About Innovator U.S. Equity Buffer ETF – August (Free Report) The Innovator U.S. Equity Buffer ETF – August (BAUG) is an exchange-traded fund that is based on the S&P 500 index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. BAUG was launched on Aug 1, 2019 and is managed by Innovator.
Innovator U.S. Equity Buffer ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 13,395 | $518,861.57 | $724,468.57 | $205,607 | 39.63% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 5,183 | $201,518.81 | $279,674.68 | $78,155.87 | 38.78% |
| LJB Laura J. Bornheimer GWN SECURITIES Inc. | 19,731 | $972,495.22 | $1.06M | $92,189.54 | 9.48% |
 Jeff Ameen Spire Wealth Management | 2,642 | $92,766.39 | $142,496.27 | $49,729.88 | 53.61% |
| AL Acas LLC Acas LLC | 4,335 | $199,496.7 | $233,916.6 | $34,419.9 | 17.25% |
Innovator U.S. Equity Buffer ETF (BAUG) FAQ
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Innovator U.S. Equity Buffer ETF Profile
| BATS Exchange | US Country |
Overview
This company is a specialized investment fund that primarily focuses on leveraging FLexible EXchange® Options (FLEX Options) that are tied to the SPDR® S&P 500® ETF Trust. By dedicating at least 80% of its net assets in such financial instruments, the fund aims to offer investors a unique opportunity to engage in the equity market through options that have customizable terms. Unlike standard options, FLEX Options provide the flexibility to specify various conditions such as expiration dates, exercise styles, and underlying asset quantities. The fund operates with a non-diversified status, which means it may invest more heavily in a smaller number of investments or a particular sector, thereby potentially increasing its risk and return profile.
Products and Services
- FLexible EXchange® Options on SPDR® S&P 500® ETF Trust
This product allows investors to access the performance of the SPDR® S&P 500® ETF through FLEX Options. These exchange-traded options contracts are distinctive due to their customizable features, such as specific expiration dates, strike prices, and exercise styles. By investing primarily in these options, the fund provides a strategic approach to equity market investment, catering to investors looking for flexibility beyond traditional options.
