Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Sets New 12-Month High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) reached a new 52-week high on Monday . The stock traded as high as $40.82 and last traded at $40.81, with a volume of 95736 shares. The stock had previously closed at $40.74.

Innovator U.S. Equity Power Buffer ETF – April Trading Up 0.3%

The stock has a market capitalization of $925.48 million, a PE ratio of 24.09 and a beta of 0.43. The firm’s 50-day simple moving average is $39.60 and its two-hundred day simple moving average is $39.08.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in Innovator U.S. Equity Power Buffer ETF – April by 36.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 980 shares of the company’s stock worth $38,000 after purchasing an additional 260 shares in the last quarter. Advyzon Investment Management LLC grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 4.8% during the 4th quarter. Advyzon Investment Management LLC now owns 6,004 shares of the company’s stock valued at $235,000 after acquiring an additional 274 shares in the last quarter. Financial Network Wealth Advisors LLC grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 3.6% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 8,875 shares of the company’s stock valued at $347,000 after acquiring an additional 306 shares in the last quarter. Ausdal Financial Partners Inc. grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 5.4% during the 4th quarter. Ausdal Financial Partners Inc. now owns 7,696 shares of the company’s stock valued at $301,000 after acquiring an additional 397 shares in the last quarter. Finally, Sequoia Financial Advisors LLC grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 3.5% during the 4th quarter. Sequoia Financial Advisors LLC now owns 12,396 shares of the company’s stock valued at $485,000 after acquiring an additional 420 shares in 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.