MML Investors Services LLC Lowers Stock Position in Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR)

MML Investors Services LLC decreased its stake in Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) by 22.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 165,926 shares of the company’s stock after selling 48,518 shares during the period. MML Investors Services LLC’s holdings in Innovator U.S. Equity Power Buffer ETF – April were worth $5,963,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Orion Portfolio Solutions LLC raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – April by 9.6% in the third quarter. Orion Portfolio Solutions LLC now owns 186,035 shares of the company’s stock valued at $6,686,000 after buying an additional 16,335 shares during the period. Benjamin Edwards Inc. bought a new stake in Innovator U.S. Equity Power Buffer ETF – April in the 3rd quarter valued at about $319,000. Encompass More Asset Management purchased a new stake in Innovator U.S. Equity Power Buffer ETF – April during the third quarter valued at about $692,000. Arete Wealth Advisors LLC boosted its position in Innovator U.S. Equity Power Buffer ETF – April by 26.7% during the third quarter. Arete Wealth Advisors LLC now owns 13,330 shares of the company’s stock worth $478,000 after purchasing an additional 2,810 shares during the period. Finally, CreativeOne Wealth LLC boosted its position in Innovator U.S. Equity Power Buffer ETF – April by 58.2% during the third quarter. CreativeOne Wealth LLC now owns 35,624 shares of the company’s stock worth $1,280,000 after purchasing an additional 13,104 shares during the period.

Innovator U.S. Equity Power Buffer ETF – April Price Performance

PAPR opened at $37.01 on Friday. The stock has a fifty day simple moving average of $36.43 and a 200-day simple moving average of $35.41. The stock has a market capitalization of $1.06 billion, a P/E ratio of 23.61 and a beta of 0.44.

About Innovator U.S. Equity Power Buffer ETF – April

The Innovator S&P 500 Power Buffer ETF – April New (PAPR) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. PAPR was launched on Apr 1, 2019 and is managed by Innovator.