Daymark Wealth Partners LLC Acquires 6,671 Shares in Innovator U.S. Equity Buffer ETF – September (BATS:BSEP)

On October 12, 2024, it was disclosed that Daymark Wealth Partners LLC has acquired a new stake in the Innovator U.S. Equity Buffer ETF – September (BATS:BSEP). This acquisition took place during the third quarter of the year and involved the purchase of 6,671 shares, valued at around $281,000. According to their latest filing with the Securities and Exchange Commission, Daymark Wealth Partners LLC now holds approximately 0.17% of the total shares of the Innovator U.S. Equity Buffer ETF – September.

In recent months, several other hedge funds have also made adjustments to their positions in this ETF. For instance, Triad Wealth Partners LLC established a new position in the fund during the second quarter, investing about $35,000. Similarly, Chris Bulman Inc invested $61,000 in a new position during the same time frame, and Ashton Thomas Private Wealth LLC went on to acquire a stake worth $85,000.

Kathmere Capital Management LLC increased its holdings by 25.3% during the second quarter, bringing its total to 8,358 shares valued at $340,000 after adding 1,689 shares. Furthermore, Secure Asset Management LLC also raised its holdings by 8.1% in the second quarter, ending up with 9,280 shares valued at $377,000 following an acquisition of 696 shares in the recent quarter.

Current Stock Performance

As of the latest trading session, shares of Innovator U.S. Equity Buffer ETF – September opened at $42.33. The ETF has a market capitalization of approximately $162.12 million and a price-to-earnings ratio of 24.71, with a beta of 0.76. Its 50-day moving average price is recorded at $41.35, while its 200-day moving average price stands at $40.38.

About Innovator U.S. Equity Buffer ETF – September

The Innovator S&P 500 Buffer ETF – September (BSEP) is an exchange-traded fund designed to track the S&P 500 Price Return index. This actively-managed fund aims to provide specific buffered losses and capped gains based on the performance of the S&P 500 over a designated holding period. BSEP was launched on September 3, 2019, and is managed by Innovator.

Conclusion

The recent acquisition by Daymark Wealth Partners LLC, along with the adjustments made by other hedge funds, highlights the growing interest in the Innovator U.S. Equity Buffer ETF – September. Investors seem to be taking note of this ETF's unique structure, which provides a blend of equity exposure with mitigated risk.

ETF, Investment, Acquisition