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

Shares of Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) hit a new 52-week high during trading on Wednesday. The stock traded as high as $43.50 and last traded at $43.44, with a volume of 6,984 shares traded. The stock had previously closed at $43.41.

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

The company has a market capitalization of $980.29 million, a PE ratio of 24.09 and a beta of 0.43. The firm has a fifty day moving average of $43.16 and a two-hundred day moving average of $41.56.

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

Several large investors have recently modified their holdings of the business. Cassady Wealth & Retirement Planning LLC boosted its position in Innovator U.S. Equity Power Buffer ETF – April by 94.5% in the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 210,051 shares of the company’s stock worth $8,734,000 after purchasing an additional 102,081 shares in the last quarter. HB Wealth Management LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – April during the 1st quarter worth about $1,005,000. Independent Financial Group LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – April during the 1st quarter worth $670,000. Cornerstone Wealth LLC TN acquired a new stake in Innovator U.S. Equity Power Buffer ETF – April in the first quarter valued at about $1,145,000. Finally, Talon Private Wealth LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – April in the first quarter valued at about $5,209,000.

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.