Innovator U.S. Equity Accelerated ETF – July (BATS:XDJL) Stock Price Up 0.8% – Should You Buy?

Innovator U.S. Equity Accelerated ETF – July (BATS:XDJL) rose 0.8% on Monday . The stock traded as high as $35.03 and last traded at $35.01. Approximately 6,305 shares traded hands during mid-day trading, The stock had previously closed at $34.73.

Innovator U.S. Equity Accelerated ETF – July Price Performance

The stock has a market capitalization of $11.40 million, a price-to-earnings ratio of 25.50 and a beta of 0.75. The stock has a 50 day moving average price of $34.80 and a 200-day moving average price of $33.63.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in XDJL. Barclays PLC purchased a new position in shares of Innovator U.S. Equity Accelerated ETF – July in the third quarter worth about $190,000. Wolverine Trading LLC raised its holdings in Innovator U.S. Equity Accelerated ETF – July by 91.8% in the 3rd quarter. Wolverine Trading LLC now owns 13,588 shares of the company’s stock valued at $459,000 after acquiring an additional 6,503 shares during the last quarter. Finally, Chicago Partners Investment Group LLC lifted its stake in Innovator U.S. Equity Accelerated ETF – July by 4.5% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 13,507 shares of the company’s stock worth $461,000 after purchasing an additional 579 shares in the last quarter.

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

The Innovator U.S. Equity Accelerated ETF – July (XDJL) 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. XDJL was launched on Jul 1, 2021 and is managed by Innovator.