Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Hits New 1-Year High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) reached a new 52-week high on Thursday . The stock traded as high as $43.07 and last traded at $43.0650, with a volume of 1476 shares changing hands. The stock had previously closed at $42.93.

Innovator U.S. Equity Power Buffer ETF – April Stock Up 0.2%

The business’s fifty day moving average is $42.56 and its two-hundred day moving average is $41.44. The stock has a market cap of $976.44 million, a price-to-earnings ratio of 24.09 and a beta of 0.43.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Lloyd Advisory Services LLC. purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – April during the fourth quarter worth approximately $45,000. Jessup Wealth Management Inc purchased a new position in Innovator U.S. Equity Power Buffer ETF – April during the 4th quarter worth $57,000. Barclays PLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – April in the fourth quarter valued at $92,000. Steward Partners Investment Advisory LLC increased its stake in Innovator U.S. Equity Power Buffer ETF – April by 68.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,236 shares of the company’s stock valued at $166,000 after purchasing an additional 1,720 shares during the period. Finally, Catalina Capital Group LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – April in the first quarter valued at about $202,000.

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.