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) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $39.43 and last traded at $39.44, with a volume of 21634 shares traded. The stock had previously closed at $39.38.

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

The stock’s 50 day moving average price is $39.15 and its two-hundred day moving average price is $38.56. The stock has a market cap of $893.09 million, a price-to-earnings ratio of 24.09 and a beta of 0.43.

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

Institutional investors and hedge funds have recently modified their holdings of the stock. Alliancebernstein L.P. grew its holdings in Innovator U.S. Equity Power Buffer ETF – April by 0.6% during the second quarter. Alliancebernstein L.P. now owns 2,319,292 shares of the company’s stock worth $86,486,000 after acquiring an additional 14,223 shares during the period. Penserra Capital Management LLC boosted its position in 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. Brookstone Capital Management boosted its position in Innovator U.S. Equity Power Buffer ETF – April by 814.0% in the 2nd quarter. Brookstone Capital Management now owns 887,824 shares of the company’s stock worth $33,107,000 after purchasing an additional 790,688 shares in the last quarter. Osaic Holdings Inc. grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 51.5% during the 2nd quarter. Osaic Holdings Inc. now owns 829,207 shares of the company’s stock worth $30,921,000 after purchasing an additional 282,012 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 20.2% during the 2nd quarter. Raymond James Financial Inc. now owns 403,459 shares of the company’s stock valued at $15,045,000 after purchasing an additional 67,796 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.