Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Reaches New 12-Month High – Time to 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 $39.57 and last traded at $39.53, with a volume of 29942 shares traded. The stock had previously closed at $39.56.

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

The stock has a market cap of $894.90 million, a P/E ratio of 24.09 and a beta of 0.43. The firm’s 50 day moving average is $39.31 and its 200 day moving average is $38.75.

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

A number of large investors have recently made changes to their positions in the business. AQR Capital Management LLC boosted its position 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 worth $568,000 after purchasing an additional 1,000 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Innovator U.S. Equity Power Buffer ETF – April by 42.5% in the second quarter. Envestnet Asset Management Inc. now owns 352,119 shares of the company’s stock worth $13,131,000 after acquiring an additional 104,983 shares in the last quarter. WorthPointe LLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 19.7% during the second quarter. WorthPointe LLC now owns 53,297 shares of the company’s stock worth $1,987,000 after acquiring an additional 8,786 shares during the last quarter. Valtinson Bruner Financial Planning LLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 2.1% during the second quarter. Valtinson Bruner Financial Planning LLC now owns 17,237 shares of the company’s stock worth $643,000 after acquiring an additional 350 shares during the last quarter. Finally, Penserra Capital Management LLC increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April by 17.1% during the second quarter. Penserra Capital Management LLC now owns 1,551,834 shares of the company’s stock valued at $57,867,000 after acquiring an additional 226,950 shares in the last quarter.

Innovator U.S. Equity Power Buffer ETF – April Company Profile

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.