Straight Path Wealth Management Grows Stock Position in Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR)

Straight Path Wealth Management lifted its stake in Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) by 5.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 24,606 shares of the company’s stock after acquiring an additional 1,196 shares during the quarter. Straight Path Wealth Management’s holdings in Innovator U.S. Equity Power Buffer ETF – April were worth $903,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Stonebridge Financial Group LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – April during the 4th quarter worth about $102,000. Farther Finance Advisors LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – April during the third quarter worth approximately $318,000. Benjamin Edwards Inc. acquired a new stake in Innovator U.S. Equity Power Buffer ETF – April in the third quarter valued at approximately $319,000. Nations Financial Group Inc. IA ADV increased its position in shares of Innovator U.S. Equity Power Buffer ETF – April by 9.7% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 10,177 shares of the company’s stock valued at $374,000 after buying an additional 900 shares in the last quarter. Finally, Seros Financial LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – April in the fourth quarter valued at approximately $359,000.

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

Shares of PAPR stock opened at $36.91 on Thursday. The stock has a 50 day simple moving average of $37.17 and a 200-day simple moving average of $36.49. Innovator U.S. Equity Power Buffer ETF – April has a 1-year low of $32.57 and a 1-year high of $37.80. The company has a market cap of $689.48 million, a price-to-earnings ratio of 27.23 and a beta of 0.40.

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.