Innovator Growth Accelerated Plus ETF – July (BATS:QTJL) Shares Down 8.4% – Here’s What Happened

Shares of Innovator Growth Accelerated Plus ETF – July (BATS:QTJL) were down 8.4% on Monday . The company traded as low as $33.49 and last traded at $30.73. Approximately 406 shares changed hands during mid-day trading, The stock had previously closed at $33.54.

Innovator Growth Accelerated Plus ETF – July Stock Performance

The stock has a 50 day moving average of $32.98 and a two-hundred day moving average of $31.96. The firm has a market capitalization of $15.37 million, a P/E ratio of 34.76 and a beta of 0.94.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in QTJL. HighTower Advisors LLC bought a new position in Innovator Growth Accelerated Plus ETF – July in the 3rd quarter worth approximately $2,963,000. Sunbelt Securities Inc. increased its position in Innovator Growth Accelerated Plus ETF – July by 176.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 27,537 shares of the company’s stock worth $854,000 after buying an additional 17,576 shares during the period. Seros Financial LLC bought a new position in Innovator Growth Accelerated Plus ETF – July in the 4th quarter worth approximately $235,000. OLD Mission Capital LLC bought a new position in Innovator Growth Accelerated Plus ETF – July in the 4th quarter worth approximately $248,000. Finally, Wood Tarver Financial Group LLC bought a new position in Innovator Growth Accelerated Plus ETF – July in the 4th quarter worth approximately $111,000.

Innovator Growth Accelerated Plus ETF – July Company Profile

The Innovator Growth Accelerated Plus ETF – July (QTJL) is an exchange-traded fund that is based on the Invesco QQQ Trust index. The fund aims for 3x the price return of Invesco QQQ Trust ETF (QQQ), subject to an upside return cap over a one-year outcome period. QTJL was launched on Jul 1, 2021 and is managed by Innovator.