Axxcess Wealth Management LLC Buys New Holdings in Innovator Equity Managed Floor ETF $SFLR

Axxcess Wealth Management LLC bought a new stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,063 shares of the company’s stock, valued at approximately $204,000.

Several other hedge funds have also recently added to or reduced their stakes in SFLR. Kingsview Wealth Management LLC raised its holdings in Innovator Equity Managed Floor ETF by 344.3% in the first quarter. Kingsview Wealth Management LLC now owns 1,561,728 shares of the company’s stock valued at $49,023,000 after acquiring an additional 1,210,207 shares in the last quarter. LPL Financial LLC raised its holdings in Innovator Equity Managed Floor ETF by 8.1% in the first quarter. LPL Financial LLC now owns 3,757,904 shares of the company’s stock valued at $117,961,000 after acquiring an additional 281,628 shares in the last quarter. Wetzel Investment Advisors Inc. raised its holdings in Innovator Equity Managed Floor ETF by 163.1% during the second quarter. Wetzel Investment Advisors Inc. now owns 398,084 shares of the company’s stock worth $13,379,000 after purchasing an additional 246,764 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in Innovator Equity Managed Floor ETF by 20.0% during the first quarter. Commonwealth Equity Services LLC now owns 1,435,659 shares of the company’s stock worth $45,065,000 after purchasing an additional 239,598 shares in the last quarter. Finally, Chicago Partners Investment Group LLC raised its holdings in Innovator Equity Managed Floor ETF by 9.3% during the first quarter. Chicago Partners Investment Group LLC now owns 1,640,244 shares of the company’s stock worth $51,881,000 after purchasing an additional 140,096 shares in the last quarter.

Innovator Equity Managed Floor ETF Trading Up 0.4%

SFLR stock opened at $36.00 on Monday. Innovator Equity Managed Floor ETF has a twelve month low of $29.14 and a twelve month high of $36.41. The company’s 50 day moving average is $35.51 and its two-hundred day moving average is $33.62. The stock has a market cap of $1.16 billion, a P/E ratio of 26.45 and a beta of -0.70.

Innovator Equity Managed Floor ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.032 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.13 dividend on an annualized basis and a yield of 0.4%.

Innovator Equity Managed Floor ETF 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.