ETFs

Cetera Investment Advisers Increases Stake in Innovator U.S. Equity Accelerated ETF

Published October 13, 2024

On October 13, 2024, it was reported that Cetera Investment Advisers has increased its holdings in the Innovator U.S. Equity Accelerated ETF – Quarterly (BATS:XDSQ). According to their latest filing with the Securities and Exchange Commission (SEC), the firm raised its position by 0.6% during the second quarter. As of the end of this period, Cetera owned 73,536 shares of the ETF, which amounted to a total value of approximately $2.44 million after acquiring an additional 428 shares.

Other hedge funds have also made adjustments to their investments in the Innovator U.S. Equity Accelerated ETF. Cambridge Investment Research Advisors Inc. increased its stake by 1.1% during the same quarter, now holding 178,832 shares with a value of around $5.94 million, after purchasing an additional 1,927 shares. Additionally, Andina Capital Management LLC established a new position during the second quarter valued at $4.84 million. In the first quarter, Commonwealth Equity Services LLC boosted its holdings by 9.9%, bringing its total to 75,460 shares worth approximately $2.36 million, after buying 6,828 more shares. Cetera Advisors LLC also acquired a new stake in the ETF valued at $2.26 million during the first quarter. Furthermore, Sfmg LLC increased its position by 5.7% in the second quarter, owning around 51,952 shares valued at $1.73 million after adding 2,798 shares to its portfolio.

Innovator U.S. Equity Accelerated ETF Performance

As of the latest trading session, the Innovator U.S. Equity Accelerated ETF's stock price opened at $35.38. The ETF's fifty-day moving average stands at $34.09, while the 200-day moving average is at $32.74. The fund currently holds a market capitalization of $54.13 million, with a price-to-earnings ratio of 23.63 and a beta of 0.79, indicating its volatility in comparison to the market.

About the ETF

The Innovator U.S. Equity Accelerated ETF – Quarterly (BATS:XDSQ) is designed to track the performance of the SPDR S&P 500 ETF Trust index. With an objective to achieve double the price return of the SPDR S&P 500 ETF (SPY), the fund operates with an upside return cap over a three-month outcome period. The ETF was launched on April 1, 2021, and is managed by Innovator.

Further Insights

For those interested in exploring other investment opportunities, there are several articles discussing various financial strategies. Topics include five stocks that may outperform Innovator U.S. Equity Accelerated ETF, insights on dividend champions, and recommendations for mid-cap stocks with growth potential.

For more detailed insights into hedge fund actions related to XDSQ, additional resources are available that provide updated information on 13F filings and insider trades.Cetera, ETF, Innovator