Innovator U.S. Equity Accelerated 9 Buffer ETF – April (BATS:XBAP) Trading Down 0.1% – Should You Sell?

Innovator U.S. Equity Accelerated 9 Buffer ETF – April (BATS:XBAP)’s share price was down 0.1% on Thursday . The stock traded as low as $38.83 and last traded at $38.83. Approximately 11,749 shares traded hands during mid-day trading, an increase of 3% from the average daily volume of 11,357 shares. The stock had previously closed at $38.88.

Innovator U.S. Equity Accelerated 9 Buffer ETF – April Price Performance

The business has a 50 day simple moving average of $38.68 and a 200 day simple moving average of $38.08. The company has a market capitalization of $269.16 million, a price-to-earnings ratio of 24.65 and a beta of 0.54.

Hedge Funds Weigh In On Innovator U.S. Equity Accelerated 9 Buffer ETF – April

A number of hedge funds and other institutional investors have recently bought and sold shares of XBAP. Allworth Financial LP increased its stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 7.7% during the second quarter. Allworth Financial LP now owns 1,548,569 shares of the company’s stock worth $56,894,000 after purchasing an additional 111,195 shares during the period. Stuart Chaussee & Associates Inc. purchased a new position in Innovator U.S. Equity Accelerated 9 Buffer ETF – April in the 2nd quarter valued at approximately $52,322,000. Lido Advisors LLC acquired a new position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – April in the fourth quarter worth $40,960,000. Osaic Holdings Inc. increased its position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 42.7% during the second quarter. Osaic Holdings Inc. now owns 121,755 shares of the company’s stock worth $4,473,000 after acquiring an additional 36,434 shares during the period. Finally, Brookwood Investment Group LLC grew its stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 2.0% during the 3rd quarter. Brookwood Investment Group LLC now owns 43,397 shares of the company’s stock worth $1,643,000 after purchasing an additional 849 shares in the last quarter.

About Innovator U.S. Equity Accelerated 9 Buffer ETF – April

The Innovator U.S. Equity Accelerated 9 Buffer ETFTM – April (XBAP) 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 and downside buffer over a specific holdings period. XBAP was launched on Apr 1, 2021 and is managed by Innovator.