Archford Capital Strategies LLC Has $3.86 Million Stake in Innovator Equity Managed Floor ETF $SFLR

Archford Capital Strategies LLC increased its position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 22.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 115,000 shares of the company’s stock after acquiring an additional 20,750 shares during the period. Archford Capital Strategies LLC’s holdings in Innovator Equity Managed Floor ETF were worth $3,861,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Occidental Asset Management LLC boosted its position in Innovator Equity Managed Floor ETF by 8.9% during the second quarter. Occidental Asset Management LLC now owns 8,525 shares of the company’s stock worth $286,000 after purchasing an additional 700 shares during the period. Kellett Wealth Advisors LLC boosted its position in Innovator Equity Managed Floor ETF by 1.7% during the first quarter. Kellett Wealth Advisors LLC now owns 58,742 shares of the company’s stock worth $1,844,000 after purchasing an additional 972 shares during the period. Hazlett Burt & Watson Inc. boosted its position in Innovator Equity Managed Floor ETF by 236.8% during the first quarter. Hazlett Burt & Watson Inc. now owns 1,573 shares of the company’s stock worth $50,000 after purchasing an additional 1,106 shares during the period. Meridian Wealth Management LLC boosted its position in Innovator Equity Managed Floor ETF by 5.8% during the first quarter. Meridian Wealth Management LLC now owns 26,574 shares of the company’s stock worth $834,000 after purchasing an additional 1,455 shares during the period. Finally, Trek Financial LLC boosted its position in Innovator Equity Managed Floor ETF by 1.5% during the first quarter. Trek Financial LLC now owns 136,788 shares of the company’s stock worth $4,294,000 after purchasing an additional 1,997 shares during the period.

Innovator Equity Managed Floor ETF Stock Up 0.5%

Shares of Innovator Equity Managed Floor ETF stock opened at $35.85 on Monday. The stock has a market capitalization of $919.55 million, a P/E ratio of 26.45 and a beta of -0.70. The stock has a 50 day moving average price of $35.02 and a two-hundred day moving average price of $33.15. Innovator Equity Managed Floor ETF has a 12-month low of $29.14 and a 12-month high of $36.08.

Innovator Equity Managed Floor ETF Company Profile

The Innovator Equity Managed Floor ETF (SFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio of large-cap US stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered 3-month expiration dates to target a maximum loss of approximately 10% on a rolling 12-month basis.