Innovator U.S. Equity Buffer ETF
BJUN
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 109 N. Hale Street Wheaton IL United States of America 60187
- IPO Date
- Jun 4, 2019
- Website
- innovatoretfs.com
- Similar Companies
- Business
- Innovator Capital Management, LLC (Innovator) is an asset management firm specializing in the creation and issuance of defined outcome exchange-traded funds (ETFs), including buffer, power buffer, and dual directional strategies that provide targeted upside potential with downside protection relative to underlying indices such as the S&P 500 Price Return Index; these offerings include the Innovator U.S. Equity Buffer ETF - June (BJUN), which seeks to track the price return of the SPDR S&P 500 ETF Trust (SPY) up to a predetermined cap while buffering against the first 9%-15% of losses over a one-year outcome period ending in June each year, as well as similar monthly and quarterly series across equity, fixed income, and international markets. The firm offers over 150 ETFs encompassing income-generating strategies, growth-oriented buffers, and risk-managed products primarily for retail investors, financial advisors, and institutions seeking predictable investment outcomes; key product categories feature FLEX options-based structures for U.S. large-cap equities, Nasdaq-100, international developed markets, and emerging markets, with assets under supervision exceeding $28 billion as of September 2025. Innovator operates principally in the United States, with products listed on major exchanges like the CBOE and NYSE Arca, targeting a broad customer base of individual investors and wealth management platforms. Founded in 2017 by industry veterans Bruce Bond and John Southard, former co-founders of PowerShares ETFs, Innovator is headquartered in Wheaton, Illinois. The company pioneered the world's first Buffer ETFs in 2018 and has since expanded its suite to become a leader in defined outcome ETFs, maintaining a net expense ratio of approximately 0.79% for funds like BJUN. In a transformative development announced on December 1, 2025, Innovator entered into a definitive agreement to be acquired by The Goldman Sachs Group, Inc. for approximately $2 billion in cash and equity, subject to performance milestones, with the transaction expected to close in the second quarter of 2026 pending regulatory approvals; this deal will integrate Innovator's 159 ETFs and over 60 employees into Goldman Sachs Asset Management, expanding the combined entity's active ETF offerings to more than 215 strategies and over $75 billion in assets, while positioning Goldman Sachs among the top ten global active ETF providers. Earlier in 2025, Innovator launched expansions to its dual directional ETF suite in November, introducing funds designed for positive returns in both rising and falling equity markets over one-year periods, building on its largest buffer ETF lineup with over $29 billion in assets under management as of October. These initiatives reflect Innovator's ongoing strategic focus on innovation in risk-defined investment solutions amid rapid growth in the defined outcome ETF segment.