Innovator U.S. Equity Accelerated Plus ETF – April (BATS:XTAP) Shares Down 0.3%

Innovator U.S. Equity Accelerated Plus ETF – April (BATS:XTAP) traded down 0.3% during trading on Wednesday . The company traded as low as $29.95 and last traded at $29.95. 170 shares changed hands during mid-day trading, The stock had previously closed at $30.03.

Innovator U.S. Equity Accelerated Plus ETF – April Stock Performance

The business has a fifty day simple moving average of $30.73 and a 200 day simple moving average of $29.94. The stock has a market capitalization of $5.96 million, a price-to-earnings ratio of 23.76 and a beta of 0.56.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in XTAP. Orion Capital Management LLC bought a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – April during the 4th quarter valued at $49,000. Osaic Holdings Inc. lifted its position in shares of Innovator U.S. Equity Accelerated Plus ETF – April by 20.2% during the 2nd quarter. Osaic Holdings Inc. now owns 2,257 shares of the company’s stock valued at $64,000 after acquiring an additional 380 shares during the period. Susquehanna International Group LLP bought a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – April during the 1st quarter valued at $211,000. OLD Mission Capital LLC lifted its position in shares of Innovator U.S. Equity Accelerated Plus ETF – April by 351.8% during the 4th quarter. OLD Mission Capital LLC now owns 39,294 shares of the company’s stock valued at $1,190,000 after acquiring an additional 30,596 shares during the period. Finally, Citadel Advisors LLC lifted its position in shares of Innovator U.S. Equity Accelerated Plus ETF – April by 158.5% during the 2nd quarter. Citadel Advisors LLC now owns 42,265 shares of the company’s stock valued at $1,199,000 after acquiring an additional 25,912 shares during the period.

Innovator U.S. Equity Accelerated Plus ETF – April Company Profile

The Innovator U.S. Equity Accelerated Plus ETF – April (XTAP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for 3x upside return of SPY to a cap, with approximately single exposure on the downside, over a one-year outcome period. XTAP was launched on Apr 1, 2021 and is managed by Innovator.