Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) Trading 0% Higher – What’s Next?

Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) rose 0% during mid-day trading on Thursday . The stock traded as high as $30.26 and last traded at $30.2550. Approximately 18 shares were traded during trading, a decline of 97% from the average daily volume of 583 shares. The stock had previously closed at $30.25.

Innovator Hedged Nasdaq-100 ETF Price Performance

The stock has a 50 day moving average price of $30.13 and a 200-day moving average price of $29.79. The stock has a market capitalization of $2.42 million, a P/E ratio of 32.27 and a beta of 0.61.

Institutional Investors Weigh In On Innovator Hedged Nasdaq-100 ETF

A hedge fund recently raised its stake in Innovator Hedged Nasdaq-100 ETF stock. Susquehanna International Group LLP boosted its stake in Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) by 118.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,822 shares of the company’s stock after purchasing an additional 15,626 shares during the period. Susquehanna International Group LLP owned about 22.17% of Innovator Hedged Nasdaq-100 ETF worth $840,000 at the end of the most recent reporting period.

About Innovator Hedged Nasdaq-100 ETF

The Innovator Hedged Nasdaq-100 ETF (QHDG) is an exchange-traded fund that mostly invests in large cap equity. The fund provides a perpetual, partial downside hedge to stock exposure similar to the Nasdaq-100 Index. The funds objective is to provide some upside potential with lower volatility QHDG was launched on Aug 20, 2024 and is issued by Innovator.