Innovator Growth Accelerated Plus ETF – July (BATS:QTJL) Stock Price Down 8.4% – Should You Sell?

Innovator Growth Accelerated Plus ETF – July (BATS:QTJL)’s stock price was down 8.4% on Monday . The stock traded as low as $33.49 and last traded at $30.73. Approximately 406 shares changed hands during trading, The stock had previously closed at $33.54.

Innovator Growth Accelerated Plus ETF – July Stock Performance

The firm has a market capitalization of $15.53 million, a price-to-earnings ratio of 31.80 and a beta of 0.94. The company has a fifty day moving average of $32.91 and a two-hundred day moving average of $31.96.

Institutional Trading of Innovator Growth Accelerated Plus ETF – July

Hedge funds have recently added to or reduced their stakes in the company. HighTower Advisors LLC acquired a new stake in Innovator Growth Accelerated Plus ETF – July during the 3rd quarter worth approximately $2,963,000. Sunbelt Securities Inc. raised its holdings 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 valued at $854,000 after acquiring an additional 17,576 shares in the last quarter. Seros Financial LLC acquired a new position in Innovator Growth Accelerated Plus ETF – July in the 4th quarter valued at $235,000. Wood Tarver Financial Group LLC acquired a new position in Innovator Growth Accelerated Plus ETF – July in the 4th quarter valued at $111,000. Finally, OLD Mission Capital LLC acquired a new position in Innovator Growth Accelerated Plus ETF – July in the 4th quarter valued at $248,000.

About Innovator Growth Accelerated Plus ETF – July

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.