Innovator U.S. Equity Accelerated 9 Buffer ETF – April (BATS:XBAP) Stock Price Up 0% – Here’s Why

Innovator U.S. Equity Accelerated 9 Buffer ETF – April (BATS:XBAP) rose 0% during mid-day trading on Thursday . The company traded as high as $41.70 and last traded at $41.59. 11,229 shares traded hands during mid-day trading, a decline of 2% from the average daily volume of 11,427 shares. The stock had previously closed at $41.58.

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

The firm has a market cap of $288.22 million, a P/E ratio of 24.65 and a beta of 0.54. The firm has a fifty day moving average of $41.43 and a 200-day moving average of $39.81.

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

Several hedge funds and other institutional investors have recently modified their holdings of XBAP. Barclays PLC grew its position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 2,203.8% during the fourth quarter. Barclays PLC now owns 1,221 shares of the company’s stock worth $47,000 after acquiring an additional 1,168 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 4.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 27,154 shares of the company’s stock valued at $1,028,000 after purchasing an additional 1,240 shares during the last quarter. CWM LLC lifted its position in Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 7.8% in the 4th quarter. CWM LLC now owns 28,702 shares of the company’s stock valued at $1,110,000 after purchasing an additional 2,085 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in Innovator U.S. Equity Accelerated 9 Buffer ETF – April during the 3rd quarter valued at about $93,000. Finally, Osaic Holdings Inc. grew its position in Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 1.9% in the 4th quarter. Osaic Holdings Inc. now owns 132,404 shares of the company’s stock worth $5,120,000 after purchasing an additional 2,524 shares during 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.