Cornerstone Wealth Management LLC boosted its holdings in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR – Free Report) by 227.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 20,452 shares of the company’s stock after acquiring an additional 14,202 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Innovator Equity Managed Floor ETF were worth $754,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently bought and sold shares of SFLR. Jones Financial Companies Lllp boosted its stake in Innovator Equity Managed Floor ETF by 33.4% during the third quarter. Jones Financial Companies Lllp now owns 1,640 shares of the company’s stock worth $59,000 after buying an additional 411 shares in the last quarter. Private Trust Co. NA boosted its stake in Innovator Equity Managed Floor ETF by 23.2% during the fourth quarter. Private Trust Co. NA now owns 4,119 shares of the company’s stock worth $152,000 after buying an additional 777 shares in the last quarter. First Heartland Consultants Inc. acquired a new stake in Innovator Equity Managed Floor ETF during the fourth quarter worth $209,000. Wealthcare Advisory Partners LLC acquired a new stake in Innovator Equity Managed Floor ETF during the fourth quarter worth $218,000. Finally, Visionary Wealth Advisors acquired a new stake in Innovator Equity Managed Floor ETF during the second quarter worth $220,000.
Innovator Equity Managed Floor ETF Price Performance
SFLR opened at $37.89 on Friday. Innovator Equity Managed Floor ETF has a fifty-two week low of $31.82 and a fifty-two week high of $38.13. The firm’s fifty day moving average price is $36.42 and its two-hundred day moving average price is $36.66. The company has a market capitalization of $1.69 billion, a P/E ratio of 26.45 and a beta of 0.67.
About Innovator Equity Managed Floor ETF
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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