Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) Trading 0% Higher – Should You Buy?

Shares of Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) rose 0% on Monday . The stock traded as high as $30.20 and last traded at $30.1950. Approximately 52 shares traded hands during trading, a decline of 87% from the average daily volume of 402 shares. The stock had previously closed at $30.19.

Innovator Hedged Nasdaq-100 ETF Stock Up 0.0%

The firm’s 50-day simple moving average is $29.79 and its 200 day simple moving average is $29.74. The stock has a market capitalization of $3.02 million, a P/E ratio of 32.27 and a beta of 0.62.

Hedge Funds Weigh In On Innovator Hedged Nasdaq-100 ETF

An institutional investor recently raised its position in Innovator Hedged Nasdaq-100 ETF stock. Susquehanna International Group LLP increased its holdings in Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) by 118.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,822 shares of the company’s stock after purchasing an additional 15,626 shares during the quarter. Susquehanna International Group LLP owned 22.17% of Innovator Hedged Nasdaq-100 ETF worth $840,000 at the end of the most recent quarter.

Innovator Hedged Nasdaq-100 ETF Company Profile

The Innovator Hedged Nasdaq-100 ETF (QHDG) is an exchange-traded fund that mostly invests in large cap equity. The fund provides a perpetual, partial downside hedge to stock exposure similar to the Nasdaq-100 Index. The funds objective is to provide some upside potential with lower volatility QHDG was launched on Aug 20, 2024 and is issued by Innovator.