Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Reaches New 12-Month High – Still a Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) reached a new 52-week high on Wednesday . The company traded as high as $41.69 and last traded at $41.69, with a volume of 1149 shares trading hands. The stock had previously closed at $41.60.

Innovator U.S. Equity Power Buffer ETF – April Trading Up 0.2%

The company has a market cap of $946.77 million, a P/E ratio of 24.09 and a beta of 0.43. The business has a 50 day moving average price of $40.28 and a 200-day moving average price of $39.44.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – April

Several institutional investors and hedge funds have recently added to or reduced their stakes in PAPR. Concurrent Investment Advisors LLC boosted its position in Innovator U.S. Equity Power Buffer ETF – April by 216.1% during the third quarter. Concurrent Investment Advisors LLC now owns 18,931 shares of the company’s stock worth $726,000 after purchasing an additional 12,943 shares during the period. Blue Zone Wealth Advisors LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – April in the fourth quarter valued at about $805,000. Triad Wealth Partners LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 20.2% during the 4th quarter. Triad Wealth Partners LLC now owns 135,249 shares of the company’s stock worth $5,291,000 after buying an additional 22,765 shares during the last quarter. BCS Wealth Management lifted its stake in shares of 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 last quarter. Finally, CWM LLC boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 13.0% during the 4th quarter. CWM LLC now owns 270,698 shares of the company’s stock worth $10,590,000 after buying an additional 31,065 shares during the period.

About Innovator U.S. Equity Power Buffer ETF – April

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.