Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Sets New 12-Month High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) reached a new 52-week high during trading on Monday . The stock traded as high as $43.17 and last traded at $43.1560, with a volume of 1422 shares. The stock had previously closed at $43.02.

Innovator U.S. Equity Power Buffer ETF – April Price Performance

The stock’s fifty day moving average is $42.74 and its 200-day moving average is $41.74. The stock has a market cap of $978.03 million, a PE ratio of 24.09 and a beta of 0.43.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – April

Hedge funds have recently made changes to their positions in the company. Janney Montgomery Scott LLC lifted its holdings in Innovator U.S. Equity Power Buffer ETF – April by 2.1% in the first quarter. Janney Montgomery Scott LLC now owns 303,265 shares of the company’s stock valued at $12,070,000 after acquiring an additional 6,138 shares during the last quarter. Bellwether Advisors LLC increased its stake in Innovator U.S. Equity Power Buffer ETF – April by 1.0% during the first quarter. Bellwether Advisors LLC now owns 211,427 shares of the company’s stock worth $8,415,000 after acquiring an additional 2,079 shares during the last quarter. Cassady Wealth & Retirement Planning LLC increased its stake in Innovator U.S. Equity Power Buffer ETF – April by 94.5% during the first quarter. Cassady Wealth & Retirement Planning LLC now owns 210,051 shares of the company’s stock worth $8,734,000 after acquiring an additional 102,081 shares during the last quarter. Triad Wealth Partners LLC raised its position in Innovator U.S. Equity Power Buffer ETF – April by 27.2% in the first quarter. Triad Wealth Partners LLC now owns 172,043 shares of the company’s stock valued at $6,847,000 after purchasing an additional 36,794 shares during the period. Finally, Signal Advisors Wealth LLC raised its position in Innovator U.S. Equity Power Buffer ETF – April by 24.6% in the first quarter. Signal Advisors Wealth LLC now owns 130,889 shares of the company’s stock valued at $5,209,000 after purchasing an additional 25,804 shares during the period.

About Innovator U.S. Equity Power Buffer ETF – April

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.