Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) Trading Down 0.7% – Should You Sell?

Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) shares fell 0.7% during mid-day trading on Friday . The stock traded as low as $33.38 and last traded at $33.41. 3,754 shares were traded during trading, The stock had previously closed at $33.66.

Innovator U.S. Equity Accelerated Plus ETF – July Trading Down 0.7 %

The company’s 50 day simple moving average is $32.92 and its 200-day simple moving average is $31.96. The firm has a market cap of $10.02 million, a P/E ratio of 24.82 and a beta of 0.63.

Institutional Investors Weigh In On Innovator U.S. Equity Accelerated Plus ETF – July

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC purchased a new stake in Innovator U.S. Equity Accelerated Plus ETF – July during the 3rd quarter valued at $148,000. HighTower Advisors LLC bought a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – July in the third quarter worth $1,305,000. Finally, Foundations Investment Advisors LLC increased its position in Innovator U.S. Equity Accelerated Plus ETF – July by 32.8% during the third quarter. Foundations Investment Advisors LLC now owns 34,282 shares of the company’s stock valued at $1,128,000 after acquiring an additional 8,458 shares during the last quarter.

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

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.