Evolution Wealth Management Inc. decreased its position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR – Free Report) by 7.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 224,896 shares of the company’s stock after selling 18,249 shares during the period. Innovator Equity Managed Floor ETF makes up approximately 5.8% of Evolution Wealth Management Inc.’s investment portfolio, making the stock its 2nd largest position. Evolution Wealth Management Inc.’s holdings in Innovator Equity Managed Floor ETF were worth $7,964,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently made changes to their positions in the company. LPL Financial LLC increased its stake in shares of Innovator Equity Managed Floor ETF by 16.5% in the fourth quarter. LPL Financial LLC now owns 4,257,434 shares of the company’s stock valued at $156,929,000 after purchasing an additional 601,796 shares during the period. Bank of America Corp DE boosted its position in shares of Innovator Equity Managed Floor ETF by 10,697.3% during the third quarter. Bank of America Corp DE now owns 3,919,960 shares of the company’s stock worth $141,236,000 after buying an additional 3,883,655 shares during the period. Commonwealth Equity Services LLC grew its holdings in Innovator Equity Managed Floor ETF by 6.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,928,409 shares of the company’s stock worth $71,081,000 after buying an additional 119,487 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in Innovator Equity Managed Floor ETF by 7.2% in the 4th quarter. Kingsview Wealth Management LLC now owns 1,886,697 shares of the company’s stock worth $69,544,000 after buying an additional 126,292 shares in the last quarter. Finally, Liberty Atlantic Advisors LLC acquired a new stake in Innovator Equity Managed Floor ETF in the 4th quarter valued at approximately $20,483,000.
Innovator Equity Managed Floor ETF Price Performance
SFLR opened at $38.60 on Friday. The stock’s 50 day moving average price is $38.08 and its 200 day moving average price is $37.11. The stock has a market cap of $2.07 billion, a P/E ratio of 26.45 and a beta of 0.68. Innovator Equity Managed Floor ETF has a 12 month low of $33.49 and a 12 month high of $40.12.
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. SFLR was launched on Nov 8, 2022 and is managed by Innovator.
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