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

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPRGet Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $42.14 and last traded at $42.10, with a volume of 37074 shares. The stock had previously closed at $42.01.

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

The firm’s 50 day moving average is $41.01 and its 200 day moving average is $39.80. The company has a market capitalization of $954.24 million, a PE ratio of 24.09 and a beta of 0.43.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Cornerstone Wealth LLC TN purchased a new position in Innovator U.S. Equity Power Buffer ETF – April during the 1st quarter valued at $1,145,000. Cassady Wealth & Retirement Planning LLC increased its position in Innovator U.S. Equity Power Buffer ETF – April by 94.5% during the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 210,051 shares of the company’s stock valued at $8,734,000 after purchasing an additional 102,081 shares during the period. Arkadios Wealth Advisors increased its position in Innovator U.S. Equity Power Buffer ETF – April by 29.7% during the 1st quarter. Arkadios Wealth Advisors now owns 20,352 shares of the company’s stock valued at $810,000 after purchasing an additional 4,660 shares during the period. Talon Private Wealth LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – April during the 1st quarter valued at $5,209,000. Finally, Bellwether Advisors LLC increased its position in Innovator U.S. Equity Power Buffer ETF – April by 1.0% during the 1st quarter. Bellwether Advisors LLC now owns 211,427 shares of the company’s stock valued at $8,415,000 after purchasing an additional 2,079 shares during the period.

About Innovator U.S. Equity Power Buffer ETF – April

(Get Free Report)

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.

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