PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP) Stock Jumps 0.4% – Here’s What Happened

PGIM S&P 500 Buffer 20 ETF – April (BATS:PBAP)’s stock price shot up 0.4% during trading on Wednesday. The stock traded as high as $31.84 and last traded at $31.83. 2,261 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 5,600 shares. The stock had previously closed at $31.71.

PGIM S&P 500 Buffer 20 ETF – April Price Performance

The business’s 50 day moving average is $31.69 and its 200 day moving average is $30.71.

Institutional Trading of PGIM S&P 500 Buffer 20 ETF – April

A number of hedge funds have recently modified their holdings of the business. Commonwealth Equity Services LLC purchased a new position in shares of PGIM S&P 500 Buffer 20 ETF – April during the third quarter valued at $788,000. Smith Moore & CO. acquired a new position in PGIM S&P 500 Buffer 20 ETF – April during the third quarter valued at $1,056,000. Finally, Jim Saulnier & Associates LLC lifted its stake in PGIM S&P 500 Buffer 20 ETF – April by 41.6% in the 2nd quarter. Jim Saulnier & Associates LLC now owns 81,028 shares of the company’s stock worth $2,513,000 after acquiring an additional 23,794 shares in the last quarter.

PGIM S&P 500 Buffer 20 ETF – April Company Profile

The PGIM US Large-Cap Buffer 20 ETF – April (PBAP) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. PBAP was launched on Mar 29, 2024 and is issued by PGIM.