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

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR)’s stock price shot up 0.1% during trading on Thursday . The stock traded as high as $36.88 and last traded at $36.83. 36,256 shares were traded 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 business’s 50 day moving average price is $36.76 and its two-hundred day moving average price is $35.78. The stock has a market cap of $1.05 billion, a P/E ratio of 23.61 and a beta of 0.44.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in PAPR. Envestnet Asset Management Inc. boosted its stake in Innovator U.S. Equity Power Buffer ETF – April by 133.6% during the second quarter. Envestnet Asset Management Inc. now owns 367,877 shares of the company’s stock worth $12,751,000 after acquiring an additional 210,415 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 82.3% during the second quarter. Cetera Investment Advisers now owns 368,303 shares of the company’s stock valued at $12,765,000 after purchasing an additional 166,262 shares during the last quarter. WealthPLAN Partners LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – April in the 2nd quarter worth approximately $4,908,000. Foundations Investment Advisors LLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 582.4% in the 3rd quarter. Foundations Investment Advisors LLC now owns 145,344 shares of the company’s stock worth $5,224,000 after buying an additional 124,046 shares during the last quarter. Finally, Summit Wealth Partners LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – April during the 2nd quarter valued at approximately $4,246,000.

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.