Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) Hits New 12-Month High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $42.55 and last traded at $42.55, with a volume of 14739 shares traded. The stock had previously closed at $42.37.

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

The stock has a market cap of $962.17 million, a PE ratio of 24.09 and a beta of 0.43. The business has a fifty day moving average of $42.19 and a 200 day moving average of $40.86.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. Focus Partners Wealth grew its position in shares of Innovator U.S. Equity Power Buffer ETF – April by 699.8% in the 4th quarter. Focus Partners Wealth now owns 292,652 shares of the company’s stock worth $11,449,000 after acquiring an additional 256,062 shares in the last quarter. Talon Private Wealth LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – April in the 1st quarter valued at approximately $5,209,000. Rothschild Wealth LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – April during the 4th quarter valued at approximately $4,942,000. Cassady Wealth & Retirement Planning LLC raised its position in shares of Innovator U.S. Equity Power Buffer ETF – April by 94.5% during the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 210,051 shares of the company’s stock valued at $8,734,000 after acquiring an additional 102,081 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake 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 during 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.