Investors Cut Stakes Across Innovator Buffer ETFs

Institutional investors reduced holdings in several Innovator U.S. Equity Ultra Buffer ETFs during the third quarter. Trek Financial cut its positions in the December, October and February funds, with the largest reduction—77.7%—in the October fund; MGO One Seven also reduced its stake in the March fund by 17.4%. Other wealth managers and investment firms opened or expanded positions in these funds, reflecting mixed institutional activity rather than a uniform shift. The reports also note the ETFs’ share prices and market statistics but provide no broader explanation for the trading.