Janney Montgomery Scott LLC Reduces Stake in Innovator U.S. Equity Buffer ETF – January

Janney Montgomery Scott LLC has reduced its investment in the Innovator U.S. Equity Buffer ETF – January (BATS:BJAN) by 5.3% during the third quarter, as reported in a recent filing with the Securities and Exchange Commission. Following the sale of 5,268 shares, the firm now holds a total of 93,688 shares. The value of Janney Montgomery Scott LLC’s holdings in the ETF is approximately $4.36 million as of the latest reporting period.

Other investment firms have also adjusted their positions in Innovator U.S. Equity Buffer ETF – January in recent months. First Commonwealth Financial Corp PA entered a new investment in the ETF during the first quarter, valued at around $1.91 million. Cetera Investment Advisers significantly increased its stake by 1,386.3% during the same period. After acquiring an additional 96,068 shares, they now own a total of 102,998 shares worth approximately $4.49 million.

Cetera Advisors LLC expanded its holdings by 22.4% and currently owns 34,108 shares valued at about $1.49 million after purchasing 6,249 extra shares. Motiv8 Investments LLC increased its shares by 8.0% and now holds 33,797 shares worth about $1.47 million, following an addition of 2,504 shares. Furthermore, Kathmere Capital Management LLC raised its investment by 6.8% in the second quarter, now owning 24,013 shares worth approximately $1.08 million after buying an additional 1,536 shares.

Recent Performance of Innovator U.S. Equity Buffer ETF – January

As of Friday, shares of BJAN opened at $47.40. The ETF has a market capitalization of $288.19 million, a price-to-earnings (P/E) ratio of 24.97, and a beta of 0.75. Its 50-day moving average price is $46.50, while the 200-day moving average price stands at $45.32.

Overview of Innovator U.S. Equity Buffer ETF – January

The Innovator U.S. Equity Buffer ETF – January (BJAN) is an exchange-traded fund based on the S&P 500 Price Return index. The ETF aims to achieve specific buffered losses and capped gains on the S&P 500 over a defined holding period. This actively-managed fund utilizes options and collateral to achieve its investment objectives. BJAN was launched on January 2, 2019, and is managed by Innovator.

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