Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) Trading Up 0.7% – Here’s Why

Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL)’s share price rose 0.7% during mid-day trading on Tuesday . The company traded as high as $38.8870 and last traded at $39.1450. Approximately 11,308 shares changed hands during mid-day trading, an increase of 187% from the average daily volume of 3,941 shares. The stock had previously closed at $38.8817.

Innovator U.S. Equity Accelerated Plus ETF – July Stock Performance

The company has a market capitalization of $12.72 million, a price-to-earnings ratio of 23.92 and a beta of 0.78. The stock’s 50-day moving average price is $38.52 and its 200-day moving average price is $37.67.

Hedge Funds Weigh In On Innovator U.S. Equity Accelerated Plus ETF – July

Large investors have recently modified their holdings of the stock. Raymond James Financial Inc. bought a new position in Innovator U.S. Equity Accelerated Plus ETF – July during the 2nd quarter worth approximately $89,000. Jane Street Group LLC acquired a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – July during the 2nd quarter valued at approximately $296,000. Osaic Holdings Inc. lifted its stake in Innovator U.S. Equity Accelerated Plus ETF – July by 3.1% during the second quarter. Osaic Holdings Inc. now owns 21,245 shares of the company’s stock worth $763,000 after purchasing an additional 631 shares during the last quarter. Millington Financial Advisors LLC raised its holdings in shares of Innovator U.S. Equity Accelerated Plus ETF – July by 13.5% during the second quarter. Millington Financial Advisors LLC now owns 27,515 shares of the company’s stock worth $1,007,000 after purchasing an additional 3,275 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in shares of Innovator U.S. Equity Accelerated Plus ETF – July by 25.1% in the 3rd quarter. HighTower Advisors LLC now owns 53,399 shares of the company’s stock valued at $2,022,000 after buying an additional 10,701 shares during the period.

Innovator U.S. Equity Accelerated Plus ETF – July Company Profile

The Innovator U.S. Equity Accelerated Plus ETF – July (XTJL) 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. XTJL was launched on Jul 1, 2021 and is managed by Innovator.