Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Sets New 12-Month High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) reached a new 52-week high on Monday . The company traded as high as $42.34 and last traded at $42.34, with a volume of 251 shares traded. The stock had previously closed at $41.97.

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

The firm has a market capitalization of $954.24 million, a price-to-earnings ratio of 24.09 and a beta of 0.43. The business has a 50 day simple moving average of $41.74 and a 200-day simple moving average of $40.19.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Blue Zone Wealth Advisors LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – April during the fourth quarter worth about $805,000. Triad Wealth Partners LLC boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 20.2% in the fourth quarter. Triad Wealth Partners LLC now owns 135,249 shares of the company’s stock valued at $5,291,000 after purchasing an additional 22,765 shares during the period. BCS Wealth Management increased its stake in Innovator U.S. Equity Power Buffer ETF – April by 96.9% during the 4th quarter. BCS Wealth Management now owns 93,882 shares of the company’s stock worth $3,673,000 after buying an additional 46,210 shares during the period. CWM LLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 13.0% in the fourth quarter. CWM LLC now owns 270,698 shares of the company’s stock worth $10,590,000 after acquiring an additional 31,065 shares in the last quarter. Finally, Orion Porfolio Solutions LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – April by 12.6% during the third quarter. Orion Porfolio Solutions LLC now owns 221,628 shares of the company’s stock worth $8,502,000 after acquiring an additional 24,814 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.