Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Hits New 1-Year High – What’s Next?

Shares of Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $39.43 and last traded at $39.44, with a volume of 21634 shares. The stock had previously closed at $39.38.

Innovator U.S. Equity Power Buffer ETF – April Trading Up 0.1%

The stock has a market capitalization of $893.09 million, a PE ratio of 24.09 and a beta of 0.43. The company’s 50-day moving average is $39.15 and its 200 day moving average is $38.56.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – April

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PAPR. Brookstone Capital Management grew its stake in Innovator U.S. Equity Power Buffer ETF – April by 814.0% during the 2nd quarter. Brookstone Capital Management now owns 887,824 shares of the company’s stock valued at $33,107,000 after purchasing an additional 790,688 shares during the last quarter. Osaic Holdings Inc. raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 51.5% in the second quarter. Osaic Holdings Inc. now owns 829,207 shares of the company’s stock worth $30,921,000 after purchasing an additional 282,012 shares during the last quarter. Penserra Capital Management LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 17.1% during the second quarter. Penserra Capital Management LLC now owns 1,551,834 shares of the company’s stock worth $57,867,000 after purchasing an additional 226,950 shares during the period. Harbour Investments Inc. lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 783.2% during the second quarter. Harbour Investments Inc. now owns 184,668 shares of the company’s stock worth $6,886,000 after purchasing an additional 163,759 shares during the period. Finally, Blair William & Co. IL boosted its position in Innovator U.S. Equity Power Buffer ETF – April by 151.2% in the second quarter. Blair William & Co. IL now owns 264,240 shares of the company’s stock valued at $9,854,000 after buying an additional 159,063 shares during the last quarter.

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.