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

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $41.98 and last traded at $41.94, with a volume of 12400 shares. The stock had previously closed at $41.94.

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

The firm has a market cap of $951.53 million, a P/E ratio of 24.09 and a beta of 0.43. The stock has a fifty day simple moving average of $40.80 and a 200 day simple moving average of $39.69.

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

A number of institutional investors and hedge funds have recently modified their holdings of the business. Alliancebernstein L.P. increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 0.6% in the 2nd quarter. Alliancebernstein L.P. now owns 2,319,292 shares of the company’s stock worth $86,486,000 after purchasing an additional 14,223 shares in the last quarter. Penserra Capital Management LLC increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 1.7% in the 3rd quarter. Penserra Capital Management LLC now owns 1,577,609 shares of the company’s stock worth $60,517,000 after purchasing an additional 25,775 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 20.2% in the 2nd quarter. Raymond James Financial Inc. now owns 403,459 shares of the company’s stock worth $15,045,000 after purchasing an additional 67,796 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 4.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 366,391 shares of the company’s stock worth $14,055,000 after purchasing an additional 14,272 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 2.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 303,265 shares of the company’s stock worth $12,070,000 after purchasing an additional 6,138 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.