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

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR)’s stock price hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $43.50 and last traded at $43.4850, with a volume of 15,856 shares changing hands. The stock had previously closed at $43.20.

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

The firm has a market cap of $948.68 million, a P/E ratio of 24.09 and a beta of 0.46. The company has a 50 day moving average of $43.19 and a 200 day moving average of $41.66.

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

A number of hedge funds have recently modified their holdings of the business. Dynamic Advisor Solutions LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – April in the 2nd quarter valued at about $322,000. CoreCap Advisors LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – April by 6.5% during the second quarter. CoreCap Advisors LLC now owns 114,078 shares of the company’s stock worth $4,814,000 after acquiring an additional 7,010 shares in the last quarter. Cornerstone Wealth LLC TN bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – April during the 1st quarter valued at approximately $1,145,000. Cassady Wealth & Retirement Planning LLC increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 94.5% during the first quarter. Cassady Wealth & Retirement Planning LLC now owns 210,051 shares of the company’s stock worth $8,734,000 after buying an additional 102,081 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 29.7% in the first quarter. Arkadios Wealth Advisors now owns 20,352 shares of the company’s stock valued at $810,000 after buying an additional 4,660 shares during the period.

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.