Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) Shares Up 2.8% – Here’s What Happened

Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) shares rose 2.8% on Thursday . The stock traded as high as $34.04 and last traded at $34.58. Approximately 301 shares traded hands during mid-day trading, The stock had previously closed at $33.63.

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

The stock has a market cap of $10.37 million, a price-to-earnings ratio of 24.82 and a beta of 0.63. The firm’s 50-day simple moving average is $34.11 and its two-hundred day simple moving average is $33.23.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Millington Financial Advisors LLC boosted its stake in shares of Innovator U.S. Equity Accelerated Plus ETF – July by 3.4% in the 4th quarter. Millington Financial Advisors LLC now owns 22,597 shares of the company’s stock valued at $773,000 after purchasing an additional 740 shares during the last quarter. EverSource Wealth Advisors LLC bought a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July in the 4th quarter valued at about $57,000. Sunbelt Securities Inc. boosted its stake in shares of Innovator U.S. Equity Accelerated Plus ETF – July by 37.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 14,516 shares of the company’s stock valued at $478,000 after purchasing an additional 3,953 shares during the last quarter. Barclays PLC bought a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July in the 3rd quarter valued at about $148,000. Finally, Commonwealth Equity Services LLC bought a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July in the 4th quarter valued at about $231,000.

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.