Whipplewood Advisors LLC Buys 28,236 Shares of Innovator Equity Managed Floor ETF $SFLR

Whipplewood Advisors LLC boosted its holdings in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 128.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,248 shares of the company’s stock after buying an additional 28,236 shares during the quarter. Innovator Equity Managed Floor ETF makes up approximately 0.9% of Whipplewood Advisors LLC’s investment portfolio, making the stock its 24th biggest holding. Whipplewood Advisors LLC owned about 0.20% of Innovator Equity Managed Floor ETF worth $1,687,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. increased its holdings in Innovator Equity Managed Floor ETF by 236.8% during the first quarter. Hazlett Burt & Watson Inc. now owns 1,573 shares of the company’s stock valued at $50,000 after buying an additional 1,106 shares during the period. IFP Advisors Inc purchased a new position in Innovator Equity Managed Floor ETF during the second quarter valued at approximately $60,000. Axxcess Wealth Management LLC purchased a new position in Innovator Equity Managed Floor ETF during the second quarter valued at approximately $204,000. Simplicity Wealth LLC purchased a new position in Innovator Equity Managed Floor ETF during the second quarter valued at approximately $210,000. Finally, West Michigan Advisors LLC purchased a new position in Innovator Equity Managed Floor ETF during the first quarter valued at approximately $232,000.

Innovator Equity Managed Floor ETF Stock Up 0.5%

Shares of SFLR stock opened at $36.50 on Friday. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of 26.45 and a beta of -0.70. The company’s 50 day moving average is $35.66 and its 200 day moving average is $33.82. Innovator Equity Managed Floor ETF has a 52-week low of $29.14 and a 52-week high of $36.55.

Innovator Equity Managed Floor ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Tuesday, September 30th were issued a $0.032 dividend. This represents a $0.13 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Tuesday, September 30th.

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.