Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) Shares Down 1.4% – Here’s What Happened

Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL)’s share price was down 1.4% during trading on Friday . The company traded as low as $38.33 and last traded at $37.8650. Approximately 2,068 shares traded hands during trading, a decline of 48% from the average daily volume of 3,941 shares. The stock had previously closed at $38.39.

Innovator U.S. Equity Accelerated Plus ETF – July Price Performance

The company has a market capitalization of $12.31 million, a PE ratio of 23.92 and a beta of 0.78. The firm’s fifty day simple moving average is $37.79 and its 200 day simple moving average is $36.39.

Hedge Funds Weigh In On Innovator U.S. Equity Accelerated Plus ETF – July

Several hedge funds and other institutional investors have recently modified their holdings of the business. OLD Mission Capital LLC acquired a new stake in Innovator U.S. Equity Accelerated Plus ETF – July during the first quarter worth about $509,000. Millington Financial Advisors LLC lifted its stake in Innovator U.S. Equity Accelerated Plus ETF – July by 13.5% during the second quarter. Millington Financial Advisors LLC now owns 27,515 shares of the company’s stock worth $1,007,000 after purchasing an additional 3,275 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – July in the 2nd quarter valued at $89,000. Jane Street Group LLC acquired a new position in Innovator U.S. Equity Accelerated Plus ETF – July in the 2nd quarter valued at about $296,000. Finally, Osaic Holdings Inc. increased its stake in Innovator U.S. Equity Accelerated Plus ETF – July by 3.1% during the 2nd quarter. Osaic Holdings Inc. now owns 21,245 shares of the company’s stock worth $763,000 after buying an additional 631 shares during the period.

Innovator U.S. Equity Accelerated Plus ETF – July Company Profile

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.