Innovator Growth Accelerated Plus ETF – July (BATS:QTJL) Trading Up 12.7% – Here’s Why

Innovator Growth Accelerated Plus ETF – July (BATS:QTJL)’s stock price traded up 12.7% during mid-day trading on Wednesday . The company traded as high as $30.72 and last traded at $34.12. 575 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 5,322 shares. The stock had previously closed at $30.28.

Innovator Growth Accelerated Plus ETF – July Stock Performance

The stock’s fifty day simple moving average is $30.83 and its 200-day simple moving average is $32.02. The company has a market capitalization of $13.65 million, a PE ratio of 28.17 and a beta of 0.95.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Wood Tarver Financial Group LLC bought a new stake in shares of Innovator Growth Accelerated Plus ETF – July during the 4th quarter worth $111,000. Seros Financial LLC bought a new stake in Innovator Growth Accelerated Plus ETF – July in the fourth quarter valued at about $235,000. OLD Mission Capital LLC acquired a new position in shares of Innovator Growth Accelerated Plus ETF – July in the 4th quarter worth approximately $248,000. Finally, Brookwood Investment Group LLC acquired a new position in Innovator Growth Accelerated Plus ETF – July during the first quarter worth $452,000.

About Innovator Growth Accelerated Plus ETF – July

The Innovator Growth Accelerated Plus ETF – July (QTJL) is an exchange-traded fund that is based on the Invesco QQQ Trust index. The fund aims for 3x the price return of Invesco QQQ Trust ETF (QQQ), subject to an upside return cap over a one-year outcome period. QTJL was launched on Jul 1, 2021 and is managed by Innovator.