Innovator U.S. Equity Accelerated ETF – April (BATS:XDAP) Stock Price Down 0.2% – Time to Sell?

Innovator U.S. Equity Accelerated ETF – April (BATS:XDAP)’s share price was down 0.2% during mid-day trading on Thursday . The company traded as low as $35.48 and last traded at $35.48. Approximately 683 shares traded hands during mid-day trading, The stock had previously closed at $35.56.

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

The company’s 50-day moving average is $35.38 and its 200-day moving average is $34.24. The firm has a market cap of $7.14 million, a price-to-earnings ratio of 24.02 and a beta of 0.63.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Innovator U.S. Equity Accelerated ETF – April stock. Barclays PLC acquired a new position in Innovator U.S. Equity Accelerated ETF – April (BATS:XDAP) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 5,859 shares of the company’s stock, valued at approximately $202,000. Barclays PLC owned 2.93% of Innovator U.S. Equity Accelerated ETF – April as of its most recent SEC filing.

Innovator U.S. Equity Accelerated ETF – April Company Profile

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.