Raymond James & Associates Has $1.87 Million Stake in Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR)

Raymond James & Associates grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) by 309.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 53,923 shares of the company’s stock after purchasing an additional 40,756 shares during the period. Raymond James & Associates owned about 0.19% of Innovator U.S. Equity Power Buffer ETF – April worth $1,869,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in PAPR. Maia Wealth LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – April during the second quarter worth approximately $222,000. Csenge Advisory Group acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – April during the 1st quarter worth $252,000. Envestnet Portfolio Solutions Inc. bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – April in the second quarter worth $272,000. Fiduciary Financial Group LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – April in the second quarter valued at about $292,000. Finally, Cypress Financial Planning LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – April during the second quarter worth about $310,000.

Innovator U.S. Equity Power Buffer ETF – April Trading Down 1.3 %

PAPR stock opened at $35.07 on Wednesday. The company has a market cap of $1.00 billion, a price-to-earnings ratio of 23.61 and a beta of 0.44. The firm has a 50 day moving average price of $34.85 and a 200-day moving average price of $34.03.

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