Innovator U.S. Equity Accelerated ETF – April (BATS:XDAP) Trading Down 0.6% – Time to Sell?

Innovator U.S. Equity Accelerated ETF – April (BATS:XDAP)’s share price traded down 0.6% during mid-day trading on Thursday . The company traded as low as $36.40 and last traded at $36.24. 546 shares were traded during mid-day trading, a decline of 68% from the average session volume of 1,727 shares. The stock had previously closed at $36.46.

Innovator U.S. Equity Accelerated ETF – April Trading Down 2.0 %

The firm’s fifty day moving average is $35.97 and its 200 day moving average is $35.37. The company has a market cap of $6.25 million, a PE ratio of 25.51 and a beta of 0.87.

Institutional Investors Weigh In On Innovator U.S. Equity Accelerated ETF – April

A hedge fund recently bought a new stake in Innovator U.S. Equity Accelerated ETF – April stock. Barclays PLC bought a new position in shares of Innovator U.S. Equity Accelerated ETF – April (BATS:XDAP) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,859 shares of the company’s stock, valued at approximately $202,000. Barclays PLC owned approximately 2.93% of Innovator U.S. Equity Accelerated ETF – April as of its most recent SEC filing.

Innovator U.S. Equity Accelerated ETF – April Company Profile

The Innovator U.S. Equity Accelerated ETF – April (XDAP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for 2x the price return of the SPDR S&P 500 ETF (SPY), subject to an upside return cap over a one-year outcome period. XDAP was launched on Apr 1, 2021 and is managed by Innovator.