ETFs

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

Published October 13, 2024

Cetera Investment Advisers has recently increased its stake in the Innovator U.S. Equity Accelerated ETF – Quarterly (BATS:XDSQ) by 0.6% during the second quarter, according to the latest filing with the Securities and Exchange Commission (SEC). As a result, the firm now holds a total of 73,536 shares of this exchange-traded fund. This increase involved the addition of 428 shares during the quarter, bringing the total value of Cetera's holdings in the ETF to approximately $2.44 million as of the end of the most recent quarter.

In addition to Cetera Investment Advisers, several other investment firms have also adjusted their positions in Innovator U.S. Equity Accelerated ETF – Quarterly. For example, Cambridge Investment Research Advisors Inc. raised its stake by 1.1% during the same timeframe, bringing its total to 178,832 shares valued at $5.94 million after acquiring an additional 1,927 shares. Andina Capital Management LLC established a new position in the ETF valued at about $4.84 million in the second quarter. Furthermore, Commonwealth Equity Services LLC increased its investment in the ETF by 9.9% in the first quarter, now owning 75,460 shares valued at $2.36 million after adding 6,828 shares. Similarly, Cetera Advisors LLC initiated a new stake in the ETF worth $2.26 million in the previous quarter, while Sfmg LLC increased its position by 5.7% in the second quarter, bringing its total to 51,952 shares worth approximately $1.73 million after acquiring 2,798 additional shares.

Current Performance of Innovator U.S. Equity Accelerated ETF – Quarterly

As of recent trading, the Innovator U.S. Equity Accelerated ETF – Quarterly opened at $35.38, displaying a modest increase of 0.5%. The fund’s fifty-day moving average stands at $34.09, while its 200-day moving average is $32.74. With a market capitalization of $54.13 million, the ETF has a price-to-earnings ratio of 23.63 and a beta of 0.79, reflecting a relatively stable investment compared to the overall market.

Overview of Innovator U.S. Equity Accelerated ETF – Quarterly

The Innovator U.S. Equity Accelerated ETF – Quarterly (XDSQ) is designed to track the performance of the SPDR S&P 500 ETF Trust index. The fund aims to provide 2x the price return of the SPDR S&P 500 ETF (SPY) over a three-month outcome period while subject to an upside return cap. Launched on April 1, 2021, XDSQ is managed by Innovator, a firm focused on investment strategies that offer defined outcomes.

Conclusion and Further Insights

Investors and analysts continue to watch the movements of various hedge funds in relation to the Innovator U.S. Equity Accelerated ETF. With multiple firms adjusting their holdings, it will be interesting to see how these changes impact the overall performance of the ETF moving forward. For those looking to stay updated on the ETF's performance, resources are available that provide information on the latest 13F filings and insider trading activities related to Innovator U.S. Equity Accelerated ETF – Quarterly.

investment, advisers, etf