Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Sets New 52-Week High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $42.14 and last traded at $42.10, with a volume of 37074 shares trading hands. The stock had previously closed at $42.01.

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

The stock has a market cap of $953.57 million, a PE ratio of 24.09 and a beta of 0.43. The company’s 50 day simple moving average is $40.91 and its 200 day simple moving average is $39.74.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Apollon Wealth Management LLC increased its stake in Innovator U.S. Equity Power Buffer ETF – April by 0.7% in the 1st quarter. Apollon Wealth Management LLC now owns 39,071 shares of the company’s stock valued at $1,555,000 after buying an additional 256 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Innovator U.S. Equity Power Buffer ETF – April by 36.1% in the 3rd 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. Advyzon Investment Management LLC increased its stake in Innovator U.S. Equity Power Buffer ETF – April by 4.8% in the 4th quarter. Advyzon Investment Management LLC now owns 6,004 shares of the company’s stock valued at $235,000 after buying an additional 274 shares during the last quarter. Financial Network Wealth Advisors LLC increased its stake in Innovator U.S. Equity Power Buffer ETF – April by 3.6% in the 4th quarter. Financial Network Wealth Advisors LLC now owns 8,875 shares of the company’s stock valued at $347,000 after buying an additional 306 shares during the last quarter. Finally, Ausdal Financial Partners Inc. increased its stake in Innovator U.S. Equity Power Buffer ETF – April by 5.4% in the 4th quarter. Ausdal Financial Partners Inc. now owns 7,696 shares of the company’s stock valued at $301,000 after buying an additional 397 shares during the last quarter.

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

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.