Red Crane Wealth Management LLC Purchases 45,010 Shares of Innovator U.S. Equity Power Buffer ETF – April $PAPR

Red Crane Wealth Management LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – April (BATS:PAPR) by 305.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 59,733 shares of the company’s stock after purchasing an additional 45,010 shares during the period. Innovator U.S. Equity Power Buffer ETF – April comprises about 2.0% of Red Crane Wealth Management LLC’s investment portfolio, making the stock its 19th largest position. Red Crane Wealth Management LLC’s holdings in Innovator U.S. Equity Power Buffer ETF – April were worth $2,227,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Brookstone Capital Management increased its position in shares of Innovator U.S. Equity Power Buffer ETF – April by 814.0% during the second quarter. Brookstone Capital Management now owns 887,824 shares of the company’s stock valued at $33,107,000 after purchasing an additional 790,688 shares during the period. IMG Wealth Management Inc. increased its position in shares of Innovator U.S. Equity Power Buffer ETF – April by 239.1% during the second quarter. IMG Wealth Management Inc. now owns 9,824 shares of the company’s stock valued at $366,000 after purchasing an additional 6,927 shares during the period. Phoenix Financial Ltd. bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – April during the second quarter valued at approximately $1,031,000. Madison Wealth Partners Inc boosted its stake in Innovator U.S. Equity Power Buffer ETF – April by 4.1% in the 2nd quarter. Madison Wealth Partners Inc now owns 7,541 shares of the company’s stock valued at $281,000 after buying an additional 300 shares in the last quarter. Finally, Straight Path Wealth Management boosted its stake in Innovator U.S. Equity Power Buffer ETF – April by 12.9% in the 2nd quarter. Straight Path Wealth Management now owns 28,980 shares of the company’s stock valued at $1,081,000 after buying an additional 3,309 shares in the last quarter.

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

Shares of PAPR stock opened at $38.47 on Thursday. The stock’s fifty day simple moving average is $38.20 and its 200 day simple moving average is $37.07. The firm has a market cap of $871.23 million, a price-to-earnings ratio of 24.09 and a beta of 0.43. Innovator U.S. Equity Power Buffer ETF – April has a one year low of $32.74 and a one year high of $37.80.

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

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.