Innovator Equity Defined Protection ETF – 2 Yr to April 2027 (NYSEARCA:TAPR) Shares Down 70.7% – What’s Next?

Shares of Innovator Equity Defined Protection ETF – 2 Yr to April 2027 (NYSEARCA:TAPRGet Free Report) fell 70.7% during trading on Tuesday . The company traded as low as $24.25 and last traded at $24.31. 56,554 shares traded hands during mid-day trading, an increase of 48,653% from the average session volume of 116 shares. The stock had previously closed at $83.00.

Innovator Equity Defined Protection ETF – 2 Yr to April 2027 Stock Performance

The stock’s 50-day moving average price is $91.64 and its 200 day moving average price is $92.53.

About Innovator Equity Defined Protection ETF – 2 Yr to April 2027

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The investment seeks to replicate, net of expenses, the Shiller Barclays CAPETM US Core Sector Index. The index seeks to provide a notional long exposure to the top four relatively undervalued U.S. equity sectors that also exhibit relatively strong price momentum. It incorporates the CAPE (Cyclically Adjusted Price Earnings) ratio to assess equity market valuations of nine sectors on a monthly basis and to identify the relatively undervalued sectors represented in the S&P 500.

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