Innovator U.S. Equity Accelerated ETF – April (BATS:XDAP) Shares Down 0.6% – Time to Sell?

Innovator U.S. Equity Accelerated ETF – April (BATS:XDAP)’s stock price dropped 0.6% during trading on Friday . The stock traded as low as $35.04 and last traded at $35.11. Approximately 909 shares were traded during trading, The stock had previously closed at $35.33.

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

The stock’s 50 day moving average is $34.53 and its two-hundred day moving average is $33.36. The firm has a market capitalization of $7.02 million, a P/E ratio of 24.02 and a beta of 0.63.

Institutional Trading of Innovator U.S. Equity Accelerated ETF – April

A hedge fund recently raised its stake in Innovator U.S. Equity Accelerated ETF – April stock. Unique Wealth LLC grew its stake in Innovator U.S. Equity Accelerated ETF – April (BATS:XDAP) by 5.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 110,812 shares of the company’s stock after acquiring an additional 6,009 shares during the quarter. Innovator U.S. Equity Accelerated ETF – April accounts for 1.0% of Unique Wealth LLC’s holdings, making the stock its 22nd biggest position. Unique Wealth LLC owned 55.41% of Innovator U.S. Equity Accelerated ETF – April worth $3,659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

The Innovator U.S. Equity Accelerated ETF – April (XDAP) 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. XDAP was launched on Apr 1, 2021 and is managed by Innovator.