Trek Financial LLC trimmed its stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR – Free Report) by 32.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 61,071 shares of the company’s stock after selling 29,039 shares during the quarter. Trek Financial LLC owned about 0.11% of Innovator Equity Managed Floor ETF worth $2,379,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also made changes to their positions in SFLR. Bank of America Corp DE increased its position in Innovator Equity Managed Floor ETF by 1.2% during the 1st quarter. Bank of America Corp DE now owns 5,920,303 shares of the company’s stock worth $209,638,000 after purchasing an additional 71,504 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Innovator Equity Managed Floor ETF by 766.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,914,894 shares of the company’s stock worth $189,617,000 after buying an additional 4,347,835 shares during the last quarter. Americana Partners LLC lifted its holdings in shares of Innovator Equity Managed Floor ETF by 4.0% in the third quarter. Americana Partners LLC now owns 3,611,414 shares of the company’s stock valued at $140,665,000 after purchasing an additional 139,813 shares in the last quarter. Brookstone Capital Management purchased a new stake in Innovator Equity Managed Floor ETF in the 3rd quarter valued at approximately $31,427,000. Finally, Liberty Atlantic Advisors LLC boosted its stake in shares of Innovator Equity Managed Floor ETF by 10.3% during the third quarter. Liberty Atlantic Advisors LLC now owns 752,483 shares of the company’s stock valued at $29,324,000 after acquiring an additional 69,986 shares during the last quarter.
Innovator Equity Managed Floor ETF Price Performance
Shares of NYSEARCA SFLR opened at $38.63 on Tuesday. The company has a market cap of $2.22 billion, a PE ratio of 26.45 and a beta of 0.69. Innovator Equity Managed Floor ETF has a 12 month low of $34.69 and a 12 month high of $40.41. The company has a 50-day simple moving average of $39.16 and a 200-day simple moving average of $37.91.
Innovator Equity Managed Floor ETF Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th were issued a dividend of $0.0195 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Wednesday, September 30th. This is a decrease from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227.
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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