Thrivent Financial for Lutherans Takes $2.78 Million Position in Innovator Nasdaq-100 Managed Floor ETF $QFLR

Thrivent Financial for Lutherans bought a new position in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 81,021 shares of the company’s stock, valued at approximately $2,777,000. Thrivent Financial for Lutherans owned approximately 0.60% of Innovator Nasdaq-100 Managed Floor ETF as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. bought a new position in shares of Innovator Nasdaq-100 Managed Floor ETF in the third quarter valued at approximately $39,000. Advisory Services Network LLC bought a new stake in Innovator Nasdaq-100 Managed Floor ETF during the third quarter valued at approximately $133,000. Truist Financial Corp bought a new stake in Innovator Nasdaq-100 Managed Floor ETF during the fourth quarter valued at approximately $201,000. Concurrent Investment Advisors LLC purchased a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the fourth quarter worth approximately $206,000. Finally, Capital Investment Advisory Services LLC raised its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 6.3% during the fourth quarter. Capital Investment Advisory Services LLC now owns 6,644 shares of the company’s stock worth $228,000 after acquiring an additional 396 shares in the last quarter.

Innovator Nasdaq-100 Managed Floor ETF Stock Performance

QFLR stock opened at $36.22 on Monday. The company has a market capitalization of $519.76 million, a PE ratio of 32.95 and a beta of 0.72. Innovator Nasdaq-100 Managed Floor ETF has a one year low of $27.86 and a one year high of $36.90. The company’s 50 day moving average price is $34.58 and its two-hundred day moving average price is $34.47.

Innovator Nasdaq-100 Managed Floor ETF Company 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.