Innovator Equity Managed Floor ETF (NYSEARCA:SFLR – Get Free Report) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 21,321 shares, a decline of 56.8% from the July 30th total of 49,359 shares. Based on an average daily volume of 178,623 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.
Innovator Equity Managed Floor ETF Price Performance
Shares of Innovator Equity Managed Floor ETF stock opened at $39.00 on Monday. Innovator Equity Managed Floor ETF has a 1 year low of $34.66 and a 1 year high of $40.12. The firm has a market cap of $2.15 billion, a PE ratio of 26.45 and a beta of 0.69. The stock has a fifty day moving average price of $38.65 and a 200-day moving average price of $37.60.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SFLR. Bank of America Corp DE increased its stake in shares of Innovator Equity Managed Floor ETF by 10,697.3% in the third quarter. Bank of America Corp DE now owns 3,919,960 shares of the company’s stock worth $141,236,000 after purchasing an additional 3,883,655 shares in the last quarter. Atticus Wealth Management LLC boosted its holdings in Innovator Equity Managed Floor ETF by 3,459.4% in the 2nd quarter. Atticus Wealth Management LLC now owns 644,710 shares of the company’s stock worth $24,873,000 after buying an additional 626,597 shares during the period. LPL Financial LLC grew its stake in 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 valued at $156,929,000 after buying an additional 601,796 shares in the last quarter. Liberty Atlantic Advisors LLC bought a new stake in Innovator Equity Managed Floor ETF during the 4th quarter valued at $20,483,000. Finally, Advisory Services Network LLC lifted its position in shares of Innovator Equity Managed Floor ETF by 2,450.4% during the fourth quarter. Advisory Services Network LLC now owns 273,117 shares of the company’s stock worth $10,067,000 after acquiring an additional 262,408 shares in the last quarter.
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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