Independent Financial Group LLC purchased a new position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR – Free Report) during the first quarter, Holdings Channel reports. The fund purchased 82,676 shares of the company’s stock, valued at approximately $2,928,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Gilpin Wealth Management LLC purchased a new stake in shares of Innovator Equity Managed Floor ETF during the fourth quarter valued at approximately $91,000. Physician Wealth Advisors Inc. purchased a new position in shares of Innovator Equity Managed Floor ETF in the first quarter worth $96,000. Fifth Third Bancorp bought a new stake in Innovator Equity Managed Floor ETF during the 1st quarter valued at $137,000. Sound Income Strategies LLC purchased a new stake in Innovator Equity Managed Floor ETF during the 1st quarter valued at $146,000. Finally, Private Trust Co. NA grew its holdings in Innovator Equity Managed Floor ETF by 23.2% in the 4th quarter. Private Trust Co. NA now owns 4,119 shares of the company’s stock worth $152,000 after acquiring an additional 777 shares during the last quarter.
Innovator Equity Managed Floor ETF Trading Down 0.9%
SFLR stock opened at $38.40 on Friday. The stock has a market capitalization of $2.09 billion, a price-to-earnings ratio of 26.45 and a beta of 0.69. The firm’s 50-day moving average price is $38.42 and its two-hundred day moving average price is $37.25. Innovator Equity Managed Floor ETF has a 12-month low of $33.49 and a 12-month high of $40.12.
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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Want to see what other hedge funds are holding SFLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Innovator Equity Managed Floor ETF (NYSEARCA:SFLR – Free Report).
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