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

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) hit a new 52-week high on Monday . The stock traded as high as $42.34 and last traded at $42.34, with a volume of 251 shares. The stock had previously closed at $41.97.

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

The business has a 50-day simple moving average of $41.74 and a 200-day simple moving average of $40.19. The company has a market cap of $954.24 million, a price-to-earnings ratio of 24.09 and a beta of 0.43.

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

Several hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – April by 6.7% in the 1st quarter. AQR Capital Management LLC now owns 15,915 shares of the company’s stock valued at $568,000 after purchasing an additional 1,000 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – April by 5.2% during the 2nd quarter. NewEdge Advisors LLC now owns 48,157 shares of the company’s stock worth $1,796,000 after purchasing an additional 2,374 shares during the last quarter. Alliancebernstein L.P. grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 0.6% during the second quarter. Alliancebernstein L.P. now owns 2,319,292 shares of the company’s stock worth $86,486,000 after purchasing an additional 14,223 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 20.2% during the second quarter. Raymond James Financial Inc. now owns 403,459 shares of the company’s stock worth $15,045,000 after purchasing an additional 67,796 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – April in the second quarter valued at $343,000.

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.