Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) Trading 0% Higher – Still a Buy?

Shares of Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) rose 0% on Monday . The company traded as high as $30.20 and last traded at $30.1950. Approximately 52 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 402 shares. The stock had previously closed at $30.19.

Innovator Hedged Nasdaq-100 ETF Stock Up 0.0%

The business has a 50 day simple moving average of $29.86 and a two-hundred day simple moving average of $29.74. The firm has a market cap of $3.02 million, a PE ratio of 32.27 and a beta of 0.62.

Institutional Trading of Innovator Hedged Nasdaq-100 ETF

A hedge fund recently raised its stake in Innovator Hedged Nasdaq-100 ETF stock. Susquehanna International Group LLP increased its position in shares of Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) by 118.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,822 shares of the company’s stock after buying an additional 15,626 shares during the period. Susquehanna International Group LLP owned about 22.17% of Innovator Hedged Nasdaq-100 ETF worth $840,000 at the end of the most recent quarter.

About Innovator Hedged Nasdaq-100 ETF

The Innovator Hedged Nasdaq-100 ETF (QHDG) is an exchange-traded fund that mostly invests in large cap equity. The fund provides a perpetual, partial downside hedge to stock exposure similar to the Nasdaq-100 Index. The funds objective is to provide some upside potential with lower volatility QHDG was launched on Aug 20, 2024 and is issued by Innovator.