Elmwood Wealth Management Inc. Sells 2,589 Shares of Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR)

Elmwood Wealth Management Inc. lessened its stake in shares of Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) by 2.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 101,038 shares of the company’s stock after selling 2,589 shares during the quarter. Innovator U.S. Equity Power Buffer ETF – April makes up about 1.5% of Elmwood Wealth Management Inc.’s portfolio, making the stock its 18th largest position. Elmwood Wealth Management Inc.’s holdings in Innovator U.S. Equity Power Buffer ETF – April were worth $3,631,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PAPR. Macroview Investment Management LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – April in the 2nd quarter worth approximately $26,000. Concourse Financial Group Securities Inc. bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – April during the 3rd quarter worth $28,000. WealthShield Partners LLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 29.5% during the 2nd quarter. WealthShield Partners LLC now owns 1,317 shares of the company’s stock worth $46,000 after acquiring an additional 300 shares during the period. Maia Wealth LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – April in the 2nd quarter worth about $222,000. Finally, Arkadios Wealth Advisors bought a new stake in Innovator U.S. Equity Power Buffer ETF – April in the 2nd quarter valued at about $226,000.

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

BATS PAPR traded up $0.13 during trading on Monday, hitting $36.09. 20,463 shares of the company’s stock traded hands. The stock has a market capitalization of $1.03 billion, a PE ratio of 23.61 and a beta of 0.44. The business’s 50-day simple moving average is $35.28 and its 200 day simple moving average is $34.47.

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