Innovator U.S. Equity Accelerated ETF – April (BATS:XDAP) Trading Down 0.2% – Should You Sell?

Innovator U.S. Equity Accelerated ETF – April (BATS:XDAP)’s share price dropped 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 changed hands during trading, The stock had previously closed at $35.56.

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

The firm has a market capitalization of $7.09 million, a PE ratio of 24.02 and a beta of 0.63. The firm has a fifty day moving average price of $35.35 and a 200 day moving average price of $34.22.

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

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 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 5,859 shares of the company’s stock, valued at approximately $202,000. Barclays PLC owned approximately 2.93% of Innovator U.S. Equity Accelerated ETF – April at the end of the most recent quarter.

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.