William Mack & Associates Inc. bought a new position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 13,082 shares of the company’s stock, valued at approximately $505,000.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE increased its position in shares of Innovator Equity Managed Floor ETF by 1.2% during the first quarter. Bank of America Corp DE now owns 5,920,303 shares of the company’s stock valued at $209,638,000 after acquiring an additional 71,504 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Innovator Equity Managed Floor ETF by 16.5% in the 4th quarter. LPL Financial LLC now owns 4,257,434 shares of the company’s stock worth $156,929,000 after purchasing an additional 601,796 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of Innovator Equity Managed Floor ETF by 6.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,928,409 shares of the company’s stock worth $71,081,000 after purchasing an additional 119,487 shares in the last quarter. Kingsview Wealth Management LLC raised its stake in shares of Innovator Equity Managed Floor ETF by 7.2% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,886,697 shares of the company’s stock worth $69,544,000 after purchasing an additional 126,292 shares during the last quarter. Finally, Liberty Atlantic Advisors LLC purchased a new position in shares of Innovator Equity Managed Floor ETF in the fourth quarter worth $20,483,000.
Innovator Equity Managed Floor ETF Price Performance
Shares of NYSEARCA:SFLR opened at $39.02 on Wednesday. The company has a market cap of $2.15 billion, a P/E ratio of 26.45 and a beta of 0.69. Innovator Equity Managed Floor ETF has a 1 year low of $34.46 and a 1 year high of $40.12. The stock’s fifty day moving average price is $38.51 and its 200-day moving average price is $37.42.
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. SFLR was launched on Nov 8, 2022 and is managed by Innovator.
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