Innovator U.S. Equity Accelerated ETF – April (BATS:XDAP) Trading Down 0.6% – What’s Next?

Innovator U.S. Equity Accelerated ETF – April (BATS:XDAP)’s stock price dropped 0.6% on Friday . The company traded as low as $35.04 and last traded at $35.11. Approximately 909 shares changed hands during mid-day trading, The stock had previously closed at $35.33.

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

The firm’s fifty day moving average price is $34.53 and its 200-day moving average price is $33.36. The firm has a market capitalization of $7.02 million, a P/E ratio of 24.02 and a beta of 0.63.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Innovator U.S. Equity Accelerated ETF – April stock. Unique Wealth LLC grew its position in Innovator U.S. Equity Accelerated ETF – April (BATS:XDAP) by 5.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 110,812 shares of the company’s stock after purchasing an additional 6,009 shares during the period. Innovator U.S. Equity Accelerated ETF – April comprises approximately 1.0% of Unique Wealth LLC’s holdings, making the stock its 22nd biggest holding. Unique Wealth LLC owned about 55.41% of Innovator U.S. Equity Accelerated ETF – April worth $3,659,000 as of its most recent filing with the SEC.

About Innovator U.S. Equity Accelerated ETF – April

The Innovator U.S. Equity Accelerated ETF – April (XDAP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for 2x the price return of the SPDR S&P 500 ETF (SPY), subject to an upside return cap over a one-year outcome period. XDAP was launched on Apr 1, 2021 and is managed by Innovator.