UAUG Stock Summary and Trading Ideas (Innovator U.S. Equity Ultra Buffer ETF - August | BATS:UAUG)

The Fund seeks to provide investors with returns that match the price return of the SPDR S&P 500 ETF Trust, up to the upside cap of 14.86% (prior to taking into account management fees and other fees) while providing a buffer against SPDR S&P 500 ETF Trust losses of between 5% and 35% (prior to taking into account management fees and other fees) over the period from August 1, 2023 to July 31, 2024. The Fund invests at least 80% of its net assets in FLexible EXchange Options ("FLEX Options") that reference the SPDR S&P 500 ETF Trust (the "Underlying ETF").

Innovator U.S. Equity Ultra Buffer ETF - August trades on the BATS stock market under the symbol UAUG.

As of April 19, 2024, UAUG stock price declined to $31.71 with 70,506 million shares trading.

UAUG has a beta of 0.64, meaning it tends to be less sensitive to market movements. UAUG has a correlation of 0.91 to the broad based SPY ETF.

UAUG has a market cap of $204.53 million. This is considered a Small Cap stock.

In the last 3 years, UAUG stock traded as high as $32.70 and as low as $25.04.

UAUG has underperformed the market in the last year with a return of +16.5%, while the SPY ETF gained +21.2%. In the last 3 month period, UAUG fell short of the market, returning +3.0%, while SPY returned +4.3%. However, in the most recent 2 weeks UAUG has outperformed the stock market by returning -2.0%, while SPY returned -3.5%.

UAUG support price is $31.74 and resistance is $32.04 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UAUG stock will trade within this expected range on the day.