Innovator Emerging Markets Power Buffer ETF - January

Innovator MSCI Emerging Markets Power Buffer ETF – January $EJAN Shares Acquired by Allworth Financial LP

Allworth Financial LP raised its stake in Innovator MSCI Emerging Markets Power Buffer ETF - January (NYSEARCA:EJAN) by 2,426.7% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 237,210 shares of the company's stock after buying an additional 227,822 shares during the quarter. Allworth Financial

Arlington Capital Management Inc. Purchases 14,853 Shares of Innovator MSCI Emerging Markets Power Buffer ETF – January $EJAN

Innovator MSCI Emerging Markets Power Buffer ETF – January $EJAN Shares Sold by Cypress Wealth Services LLC

Cetera Investment Advisers Grows Stake in Innovator MSCI Emerging Markets Power Buffer ETF – January $EJAN

Innovator MSCI Emerging Markets Power Buffer ETF – January $EJAN Shares Bought by Allworth Financial LP

EJAN: A Beautiful Boat That Fails To Float

EJAN offers a 15% downside buffer and capped upside via options on EEM, but the structure is complex and costly. Historical performance shows EJAN protects against drawdowns but consistently underperforms in bull markets, especially versus the S&P 500. The ETF's expense ratio and transaction costs erode returns, making it unattractive for those seeking alpha or strong growth.