IMG Wealth Management Boosts Stake in Innovator U.S. Equity Buffer ETF

In a notable move, IMG Wealth Management Inc. increased its holdings in the Innovator U.S. Equity Buffer ETF – April (BATS:BAPR) by 17.3% during the second quarter of 2023. The firm reported owning 3,604 shares of the ETF after acquiring an additional 531 shares during this period, bringing the total value of its investment to approximately $163,000, as detailed in its recent 13F filing with the Securities and Exchange Commission.

Several other institutional investors have also enhanced their positions in the fund. IFP Advisors Inc. significantly increased its stake by 118.7%, now holding 1,944 shares valued at $88,000 after adding 1,055 shares. Similarly, DHJJ Financial Advisors Ltd. raised its holdings by 8.8%, resulting in ownership of 22,240 shares worth $1,005,000 after purchasing an additional 1,805 shares.

In the first quarter, Janney Montgomery Scott LLC increased its position by 7.9%, now owning 24,572 shares valued at $1,044,000. Belpointe Asset Management LLC and Motiv8 Investments LLC also made notable increases, with the former raising its stake by 4.1% and the latter by 4.8%, bringing their total holdings to 51,231 shares valued at $2,315,000 and 56,247 shares valued at $2,542,000, respectively.

Market Performance and Fund Overview

As of Tuesday, the Innovator U.S. Equity Buffer ETF – April opened at $47.10, reflecting a 6.7% increase. The ETF has experienced a 52-week low of $38.21 and a 52-week high of $46.04. With a market capitalization of approximately $425.27 million, the fund has a price-to-earnings ratio of 24.26 and a beta of 0.61.

The Innovator U.S. Equity Buffer ETF – April is designed to provide specific buffered losses and capped gains based on the S&P 500 Price Return index over a specified holding period. Launched on April 1, 2019, this actively managed fund utilizes options and collateral to achieve its investment objectives.

Investors interested in tracking the latest developments regarding the Innovator U.S. Equity Buffer ETF can visit HoldingsChannel.com for comprehensive insights on recent 13F filings and insider trades.