Innovator Premium Income 40 Barrier ETF - April (APRQ)
Innovator Premium Income 40 Barrier ETF - April operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $24.50, up 0.06% on the session, giving a market capitalisation of $17.8M. Its beta of 0.06 implies it has historically moved less than the broad market.
This fund primarily allocates a substantial portion (at least 80%) of its net assets to two main components: U.S. Treasury bills and Flexible EXchange® Options (FLEX Options). The FLEX Options are derivative instruments whose value is tied to the performance of a broad U.S. stock market benchmark, for instance, the S&P 500® Price Return Index. While FLEX Options are traded on an exchange, they are notable for their uniquely customizable contract terms. It's also important to understand that this fund is not broadly diversified.
Innovator Premium Income 40 Barrier ETF - April is most often compared with the following Financial Services names: