Innovator Equity Managed Floor ETF (NYSEARCA:SFLR – Get Free Report) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 198,336 shares, an increase of 115.7% from the May 14th total of 91,934 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 926,125 shares, the days-to-cover ratio is presently 0.2 days.
Hedge Funds Weigh In On Innovator Equity Managed Floor ETF
Institutional investors have recently modified their holdings of the business. Kellett Wealth Advisors LLC boosted its position in Innovator Equity Managed Floor ETF by 0.6% in the fourth quarter. Kellett Wealth Advisors LLC now owns 54,227 shares of the company’s stock worth $1,999,000 after purchasing an additional 343 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Innovator Equity Managed Floor ETF by 33.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,640 shares of the company’s stock valued at $59,000 after purchasing an additional 411 shares during the last quarter. Quantinno Capital Management LP raised its stake in shares of Innovator Equity Managed Floor ETF by 3.8% during the 2nd quarter. Quantinno Capital Management LP now owns 13,263 shares of the company’s stock worth $445,000 after purchasing an additional 486 shares during the period. ATX Financial Planning LLC boosted its holdings in shares of Innovator Equity Managed Floor ETF by 0.3% in the 1st quarter. ATX Financial Planning LLC now owns 206,074 shares of the company’s stock worth $7,297,000 after buying an additional 548 shares during the last quarter. Finally, HFG Wealth Management LLC boosted its holdings in shares of Innovator Equity Managed Floor ETF by 0.3% in the 4th quarter. HFG Wealth Management LLC now owns 172,485 shares of the company’s stock worth $6,358,000 after buying an additional 566 shares during the last quarter.
Innovator Equity Managed Floor ETF Price Performance
Shares of Innovator Equity Managed Floor ETF stock opened at $38.24 on Monday. Innovator Equity Managed Floor ETF has a 12-month low of $32.74 and a 12-month high of $39.64. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 26.45 and a beta of 0.68. The firm’s 50-day moving average price is $37.42 and its two-hundred day moving average price is $36.94.
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. SFLR was launched on Nov 8, 2022 and is managed by Innovator.
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