Innovator U.S. Equity Accelerated ETF – July (BATS:XDJL) Stock Price Down 9.9% – Should You Sell?

Shares of Innovator U.S. Equity Accelerated ETF – July (BATS:XDJL) fell 9.9% during trading on Friday . The stock traded as low as $32.44 and last traded at $30.96. 3,226 shares were traded during trading, an increase of 19% from the average session volume of 2,721 shares. The stock had previously closed at $34.34.

Innovator U.S. Equity Accelerated ETF – July Stock Performance

The stock has a market capitalization of $4.06 million, a P/E ratio of 25.24 and a beta of 0.85. The stock’s fifty day moving average price is $34.77 and its two-hundred day moving average price is $34.63.

Institutional Trading of Innovator U.S. Equity Accelerated ETF – July

Institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. purchased a new position in shares of Innovator U.S. Equity Accelerated ETF – July in the fourth quarter worth $52,000. Barclays PLC purchased a new position in shares of Innovator U.S. Equity Accelerated ETF – July in the third quarter valued at about $190,000. OLD Mission Capital LLC bought a new position in shares of Innovator U.S. Equity Accelerated ETF – July during the fourth quarter valued at about $425,000. Finally, Wolverine Trading LLC boosted its holdings in shares of Innovator U.S. Equity Accelerated ETF – July by 91.8% during the third quarter. Wolverine Trading LLC now owns 13,588 shares of the company’s stock worth $459,000 after purchasing an additional 6,503 shares during the period.

Innovator U.S. Equity Accelerated ETF – July Company Profile

The Innovator U.S. Equity Accelerated ETF – July (XDJL) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for 2x the price return of the SPDR S&P 500 ETF (SPY), subject to an upside return cap over a one-year outcome period. XDJL was launched on Jul 1, 2021 and is managed by Innovator.