Innovator U.S. Equity Accelerated ETF – July (BATS:XDJL) Stock Price Down 9.9% – Time to Sell?

Shares of Innovator U.S. Equity Accelerated ETF – July (BATS:XDJL) traded down 9.9% during mid-day trading on Friday . The stock traded as low as $32.44 and last traded at $30.96. 3,226 shares changed hands during mid-day trading, an increase of 19% from the average session volume of 2,721 shares. The stock had previously closed at $34.34.

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

The firm has a market cap of $4.06 million, a P/E ratio of 25.24 and a beta of 0.85. The business’s 50-day simple moving average is $34.77 and its 200 day simple moving average is $34.63.

Institutional Trading of Innovator U.S. Equity Accelerated ETF – July

Several large investors have recently modified their holdings of the company. Wolverine Trading LLC boosted its position in Innovator U.S. Equity Accelerated ETF – July by 91.8% in the third quarter. Wolverine Trading LLC now owns 13,588 shares of the company’s stock worth $459,000 after purchasing an additional 6,503 shares during the last quarter. Barclays PLC purchased a new stake in shares of Innovator U.S. Equity Accelerated ETF – July during the 3rd quarter valued at about $190,000. JPMorgan Chase & Co. bought a new position in shares of Innovator U.S. Equity Accelerated ETF – July in the 4th quarter worth approximately $52,000. Finally, OLD Mission Capital LLC bought a new position in shares of Innovator U.S. Equity Accelerated ETF – July in the 4th quarter worth approximately $425,000.

About Innovator U.S. Equity Accelerated ETF – July

The Innovator U.S. Equity Accelerated ETF – July (XDJL) 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. XDJL was launched on Jul 1, 2021 and is managed by Innovator.