Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Sets New 52-Week High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) shares reached a new 52-week high during trading on Monday . The stock traded as high as $39.72 and last traded at $39.63, with a volume of 3542 shares. The stock had previously closed at $39.52.

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

The company has a fifty day simple moving average of $39.42 and a two-hundred day simple moving average of $38.94. The firm has a market capitalization of $898.30 million, a PE ratio of 24.09 and a beta of 0.43.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – April

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – April by 36.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 980 shares of the company’s stock worth $38,000 after purchasing an additional 260 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – April in the 4th quarter valued at approximately $45,000. Jessup Wealth Management Inc acquired a new stake in Innovator U.S. Equity Power Buffer ETF – April in the 4th quarter worth approximately $57,000. Ameriflex Group Inc. increased its stake in Innovator U.S. Equity Power Buffer ETF – April by 1,000.7% during the 3rd quarter. Ameriflex Group Inc. now owns 1,574 shares of the company’s stock valued at $60,000 after purchasing an additional 1,431 shares in the last quarter. Finally, Evolution Wealth Management Inc. acquired a new position in Innovator U.S. Equity Power Buffer ETF – April during the 2nd quarter valued at approximately $83,000.

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.