Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Hits New 1-Year High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $42.55 and last traded at $42.37, with a volume of 424 shares. The stock had previously closed at $42.18.

Innovator U.S. Equity Power Buffer ETF – April Stock Performance

The stock’s 50-day simple moving average is $41.97 and its 200 day simple moving average is $40.46. The company has a market capitalization of $957.64 million, a PE ratio of 24.09 and a beta of 0.43.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – April

A number of institutional investors have recently bought and sold shares of the business. Focus Partners Wealth grew its stake in Innovator U.S. Equity Power Buffer ETF – April by 699.8% during the 4th quarter. Focus Partners Wealth now owns 292,652 shares of the company’s stock worth $11,449,000 after buying an additional 256,062 shares during the last quarter. Talon Private Wealth LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – April during the first quarter worth about $5,209,000. Rothschild Wealth LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – April in the 4th quarter valued at about $4,942,000. Signal Advisors Wealth LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – April during the 4th quarter valued at approximately $4,111,000. Finally, Cassady Wealth & Retirement Planning LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – April by 94.5% during the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 210,051 shares of the company’s stock valued at $8,734,000 after acquiring an additional 102,081 shares during 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.