(BAPR) Innovator SP500 Buffer - - Ratings and Ratios

The Innovator S&P 500 Buffer ETF - April New (BATS:BAPR) is a defined outcome ETF designed to provide investors with exposure to the S&P 500 Index while incorporating downside buffers. The fund invests at least 80% of its net assets in FLEX Options, which are customizable exchange-traded options contracts. These FLEX Options reference the SPDR® S&P 500® ETF Trust, an ETF that tracks the S&P 500 Index. The funds structure allows it to offer a buffered return profile, potentially limiting downside risk during market declines while capping upside participation.

The ETF is non-diversified, meaning it can concentrate its investments in a smaller number of securities, which may increase risk. The reference asset for all FLEX Options held by the fund is the SPDR® S&P 500® ETF Trust, which seeks to replicate the performance of the S&P 500 Index before fees and expenses. The funds use of FLEX Options enables it to create a defined outcome investment strategy, where returns are tied to the performance of the underlying ETF within specified parameters.

As of the latest data, the fund has approximately $238.49 million in assets under management (AUM). It trades on the BATS exchange under the ticker symbol BAPR, with an average daily trading volume of 16,453 shares over the past 20 days. The funds current price is $44.99, with key technical indicators showing a 20-day simple moving average (SMA) of $45.41, a 50-day SMA of $45.06, and a 200-day SMA of $43.13. The average true range (ATR) is 0.35, indicating moderate price volatility.

3-Month Forecast: Based on the current technical and fundamental data, the fund is expected to trade within a narrow range, with support near $43.13 (200-day SMA) and resistance at $45.41 (20-day SMA). The ATR of 0.35 suggests average daily price movements of approximately 0.8%. The funds AUM of $238.49 million reflects moderate investor interest, which could support liquidity. The defined outcome structure of the ETF may attract risk-averse investors seeking S&P 500 exposure with built-in buffers against market downturns.