Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Hits New 1-Year High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $42.55 and last traded at $42.37, with a volume of 424 shares traded. The stock had previously closed at $42.18.

Innovator U.S. Equity Power Buffer ETF – April Trading Up 0.1%

The stock has a 50 day simple moving average of $41.93 and a 200-day simple moving average of $40.41. The firm has a market capitalization of $958.77 million, a P/E ratio of 24.09 and a beta of 0.43.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. increased its holdings in Innovator U.S. Equity Power Buffer ETF – April by 36.1% during the third quarter. JPMorgan Chase & Co. now owns 980 shares of the company’s stock valued at $38,000 after buying an additional 260 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – April during the 4th quarter worth $45,000. Jessup Wealth Management Inc bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – April during the 4th quarter valued at $57,000. Ameriflex Group Inc. grew its position in shares of Innovator U.S. Equity Power Buffer ETF – April by 1,000.7% during the 3rd quarter. Ameriflex Group Inc. now owns 1,574 shares of the company’s stock valued at $60,000 after acquiring an additional 1,431 shares during the period. Finally, Optima Capital LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – April in the 4th quarter worth $85,000.

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.