Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Stock Price Up 0.1% – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) traded up 0.1% during trading on Thursday . The stock traded as high as $36.88 and last traded at $36.83. 36,256 shares changed hands during mid-day trading, The stock had previously closed at $36.79.

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

The firm has a market cap of $1.05 billion, a P/E ratio of 23.61 and a beta of 0.44. The business’s 50-day moving average is $36.76 and its two-hundred day moving average is $35.78.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Concourse Financial Group Securities Inc. bought a new position in Innovator U.S. Equity Power Buffer ETF – April in the 3rd quarter worth about $28,000. Madison Wealth Partners Inc acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – April during the second quarter worth approximately $252,000. Certified Advisory Corp bought a new position in Innovator U.S. Equity Power Buffer ETF – April in the 2nd quarter worth approximately $301,000. Farther Finance Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – April in the 3rd quarter valued at approximately $318,000. Finally, Benjamin F. Edwards & Company Inc. raised its stake in Innovator U.S. Equity Power Buffer ETF – April by 12.6% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 8,866 shares of the company’s stock valued at $307,000 after acquiring an additional 990 shares in 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.