Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Reaches New 1-Year High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $42.88 and last traded at $42.79, with a volume of 35557 shares changing hands. The stock had previously closed at $42.77.

Innovator U.S. Equity Power Buffer ETF – April Trading Up 0.0%

The firm has a market capitalization of $969.19 million, a P/E ratio of 24.09 and a beta of 0.43. The business’s fifty day moving average is $42.23 and its 200 day moving average is $40.94.

Institutional Inflows and Outflows

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