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

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $41.69 and last traded at $41.69, with a volume of 1149 shares traded. The stock had previously closed at $41.60.

Innovator U.S. Equity Power Buffer ETF – April Trading Up 0.4%

The firm has a 50-day moving average of $40.18 and a two-hundred day moving average of $39.39. The firm has a market capitalization of $946.09 million, a P/E ratio of 24.09 and a beta of 0.43.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Concurrent Investment Advisors LLC increased its position in Innovator U.S. Equity Power Buffer ETF – April by 216.1% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 18,931 shares of the company’s stock worth $726,000 after purchasing an additional 12,943 shares in the last quarter. Blue Zone Wealth Advisors LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – April in the 4th quarter valued at approximately $805,000. Triad Wealth Partners LLC boosted its position in Innovator U.S. Equity Power Buffer ETF – April by 20.2% in the fourth quarter. Triad Wealth Partners LLC now owns 135,249 shares of the company’s stock valued at $5,291,000 after buying an additional 22,765 shares in the last quarter. BCS Wealth Management boosted its position in Innovator U.S. Equity Power Buffer ETF – April by 96.9% in the fourth quarter. BCS Wealth Management now owns 93,882 shares of the company’s stock valued at $3,673,000 after buying an additional 46,210 shares in the last quarter. Finally, CWM LLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 13.0% during the fourth quarter. CWM LLC now owns 270,698 shares of the company’s stock worth $10,590,000 after buying an additional 31,065 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.