Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Hits New 12-Month High – What’s Next?

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $42.55 and last traded at $42.37, with a volume of 424 shares changing hands. The stock had previously closed at $42.18.

Innovator U.S. Equity Power Buffer ETF – April Stock Up 0.1%

The stock has a market cap of $958.77 million, a P/E ratio of 24.09 and a beta of 0.43. The business has a 50 day moving average price of $41.93 and a two-hundred day moving average price of $40.41.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PAPR. Apollon Wealth Management LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – April by 0.7% during the 1st quarter. Apollon Wealth Management LLC now owns 39,071 shares of the company’s stock valued at $1,555,000 after buying an additional 256 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – April by 36.1% during the third quarter. JPMorgan Chase & Co. now owns 980 shares of the company’s stock worth $38,000 after acquiring an additional 260 shares during the last quarter. Advyzon Investment Management LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – April by 4.8% during the fourth quarter. Advyzon Investment Management LLC now owns 6,004 shares of the company’s stock worth $235,000 after acquiring an additional 274 shares during the last quarter. Financial Network Wealth Advisors LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – April by 3.6% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 8,875 shares of the company’s stock valued at $347,000 after acquiring an additional 306 shares in the last quarter. Finally, Ausdal Financial Partners Inc. grew its stake in Innovator U.S. Equity Power Buffer ETF – April by 5.4% during the fourth quarter. Ausdal Financial Partners Inc. now owns 7,696 shares of the company’s stock valued at $301,000 after acquiring an additional 397 shares in the last quarter.

Innovator U.S. Equity Power Buffer ETF – April Company Profile

The Innovator S&P 500 Power Buffer ETF – April New (PAPR) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. PAPR was launched on Apr 1, 2019 and is managed by Innovator.