Ameritas Advisory Services LLC Reduces Holdings in Innovator Equity Managed Floor ETF $SFLR

Ameritas Advisory Services LLC trimmed its holdings in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 43.8% in the second quarter, HoldingsChannel reports. The firm owned 46,161 shares of the company’s stock after selling 35,965 shares during the period. Ameritas Advisory Services LLC’s holdings in Innovator Equity Managed Floor ETF were worth $1,550,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Hazlett Burt & Watson Inc. increased its stake in shares of Innovator Equity Managed Floor ETF by 236.8% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 1,573 shares of the company’s stock worth $50,000 after purchasing an additional 1,106 shares in the last quarter. West Michigan Advisors LLC purchased a new position in shares of Innovator Equity Managed Floor ETF during the 1st quarter worth approximately $232,000. Fiduciary Financial Group LLC purchased a new position in shares of Innovator Equity Managed Floor ETF during the 1st quarter worth approximately $228,000. Occidental Asset Management LLC increased its stake in shares of Innovator Equity Managed Floor ETF by 8.9% during the 2nd quarter. Occidental Asset Management LLC now owns 8,525 shares of the company’s stock worth $286,000 after purchasing an additional 700 shares in the last quarter. Finally, Belpointe Asset Management LLC purchased a new position in shares of Innovator Equity Managed Floor ETF during the 1st quarter worth approximately $293,000.

Innovator Equity Managed Floor ETF Stock Performance

Shares of NYSEARCA SFLR opened at $36.13 on Friday. Innovator Equity Managed Floor ETF has a 1 year low of $29.14 and a 1 year high of $36.26. The firm’s 50 day moving average price is $35.19 and its 200 day moving average price is $33.29. The firm has a market cap of $1.07 billion, a P/E ratio of 26.45 and a beta of -0.70.

Innovator Equity Managed Floor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Tuesday, September 30th were given a dividend of $0.032 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.13 dividend on an annualized basis and a yield of 0.4%.

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.