Innovator U.S. Equity Accelerated Plus ETF – April (BATS:XTAP) Trading Down 0.3%

Innovator U.S. Equity Accelerated Plus ETF – April (BATS:XTAP)’s stock price was down 0.3% during mid-day trading on Wednesday . The company traded as low as $29.95 and last traded at $29.95. Approximately 170 shares were traded during mid-day trading, The stock had previously closed at $30.03.

Innovator U.S. Equity Accelerated Plus ETF – April Price Performance

The stock has a market capitalization of $5.99 million, a price-to-earnings ratio of 23.76 and a beta of 0.56. The business has a 50 day simple moving average of $30.75 and a 200-day simple moving average of $29.94.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in XTAP. OLD Mission Capital LLC grew its stake in Innovator U.S. Equity Accelerated Plus ETF – April by 351.8% in the fourth quarter. OLD Mission Capital LLC now owns 39,294 shares of the company’s stock valued at $1,190,000 after acquiring an additional 30,596 shares during the period. Citadel Advisors LLC lifted its holdings in shares of Innovator U.S. Equity Accelerated Plus ETF – April by 158.5% in the second quarter. Citadel Advisors LLC now owns 42,265 shares of the company’s stock valued at $1,199,000 after purchasing an additional 25,912 shares in the last quarter. Millington Financial Advisors LLC lifted its holdings in shares of Innovator U.S. Equity Accelerated Plus ETF – April by 18.7% in the third quarter. Millington Financial Advisors LLC now owns 135,873 shares of the company’s stock valued at $3,817,000 after purchasing an additional 21,448 shares in the last quarter. Susquehanna International Group LLP bought a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – April in the first quarter valued at about $211,000. Finally, Orion Capital Management LLC bought a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – April in the fourth quarter valued at about $49,000.

About Innovator U.S. Equity Accelerated Plus ETF – April

The Innovator U.S. Equity Accelerated Plus ETF – April (XTAP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for 3x upside return of SPY to a cap, with approximately single exposure on the downside, over a one-year outcome period. XTAP was launched on Apr 1, 2021 and is managed by Innovator.