Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Reaches New 1-Year High – Here’s What Happened

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $41.89 and last traded at $41.89, with a volume of 17467 shares. The stock had previously closed at $41.80.

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

The stock has a market cap of $947.90 million, a P/E ratio of 24.09 and a beta of 0.43. The company has a fifty day moving average of $40.41 and a 200 day moving average of $39.51.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – April

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Alliancebernstein L.P. raised its holdings in 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 worth $86,486,000 after purchasing an additional 14,223 shares in the last quarter. Penserra Capital Management LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – April by 1.7% during the third quarter. Penserra Capital Management LLC now owns 1,577,609 shares of the company’s stock worth $60,517,000 after purchasing an additional 25,775 shares in the last quarter. Raymond James Financial Inc. raised its holdings in 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 worth $15,045,000 after purchasing an additional 67,796 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Innovator U.S. Equity Power Buffer ETF – April by 4.1% during the third quarter. Envestnet Asset Management Inc. now owns 366,391 shares of the company’s stock worth $14,055,000 after purchasing an additional 14,272 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – April by 2.1% during the first quarter. Janney Montgomery Scott LLC now owns 303,265 shares of the company’s stock worth $12,070,000 after purchasing an additional 6,138 shares in 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.