Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Sets New 12-Month High – Here’s Why

Shares of Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) hit a new 52-week high on Thursday . The stock traded as high as $42.88 and last traded at $42.79, with a volume of 35557 shares trading hands. The stock had previously closed at $42.77.

Innovator U.S. Equity Power Buffer ETF – April Trading Up 0.0%

The stock has a market capitalization of $969.19 million, a price-to-earnings ratio of 24.09 and a beta of 0.43. The business has a 50 day simple moving average of $42.23 and a 200-day simple moving average of $40.94.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. AQR Capital Management LLC raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 6.7% in the 1st quarter. AQR Capital Management LLC now owns 15,915 shares of the company’s stock valued at $568,000 after purchasing an additional 1,000 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 5.2% in the second quarter. NewEdge Advisors LLC now owns 48,157 shares of the company’s stock valued at $1,796,000 after purchasing an additional 2,374 shares during the period. Alliancebernstein L.P. raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 0.6% during the second quarter. Alliancebernstein L.P. now owns 2,319,292 shares of the company’s stock valued at $86,486,000 after buying an additional 14,223 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 20.2% during the second quarter. Raymond James Financial Inc. now owns 403,459 shares of the company’s stock valued at $15,045,000 after buying an additional 67,796 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – April during the second quarter worth approximately $343,000.

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.