Independent Financial Group LLC bought a new stake in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR – Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 121,231 shares of the company’s stock, valued at approximately $4,037,000. Independent Financial Group LLC owned approximately 0.84% of Innovator Nasdaq-100 Managed Floor ETF as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Simplicity Wealth LLC raised its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF by 9.3% during the 1st quarter. Simplicity Wealth LLC now owns 279,966 shares of the company’s stock worth $9,323,000 after buying an additional 23,742 shares in the last quarter. Beacon Financial Group grew its position in Innovator Nasdaq-100 Managed Floor ETF by 5.2% in the first quarter. Beacon Financial Group now owns 29,322 shares of the company’s stock valued at $976,000 after acquiring an additional 1,462 shares during the last quarter. Beacon Financial Advisory LLC grew its position in Innovator Nasdaq-100 Managed Floor ETF by 4.2% in the first quarter. Beacon Financial Advisory LLC now owns 13,869 shares of the company’s stock valued at $462,000 after acquiring an additional 557 shares during the last quarter. Sound Income Strategies LLC bought a new position in Innovator Nasdaq-100 Managed Floor ETF in the first quarter valued at about $45,000. Finally, Impact Partnership Wealth LLC raised its stake in Innovator Nasdaq-100 Managed Floor ETF by 72.7% during the first quarter. Impact Partnership Wealth LLC now owns 13,543 shares of the company’s stock worth $451,000 after acquiring an additional 5,703 shares in the last quarter.
Innovator Nasdaq-100 Managed Floor ETF Trading Down 0.7%
QFLR stock opened at $35.24 on Friday. The stock has a market capitalization of $528.60 million, a P/E ratio of 32.95 and a beta of 0.72. Innovator Nasdaq-100 Managed Floor ETF has a 12 month low of $30.46 and a 12 month high of $36.95. The firm has a 50-day moving average price of $35.94 and a 200-day moving average price of $34.98.
Innovator Nasdaq-100 Managed Floor ETF Profile
The Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio representative of the NASDAQ-100, 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. QFLR was launched on Jan 25, 2024 and is issued by Innovator.
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