Chicago Partners Investment Group LLC Has $46.75 Million Stock Position in Innovator Equity Managed Floor ETF $SFLR

Chicago Partners Investment Group LLC lessened its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 5.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,276,156 shares of the company’s stock after selling 80,411 shares during the quarter. Innovator Equity Managed Floor ETF comprises about 0.9% of Chicago Partners Investment Group LLC’s investment portfolio, making the stock its 18th largest position. Chicago Partners Investment Group LLC’s holdings in Innovator Equity Managed Floor ETF were worth $46,746,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of SFLR. Gilpin Wealth Management LLC purchased a new position in 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 during the 1st quarter valued at $96,000. Fifth Third Bancorp acquired a new position in shares of Innovator Equity Managed Floor ETF in the first quarter worth $137,000. Sound Income Strategies LLC acquired a new position in shares of Innovator Equity Managed Floor ETF in the first quarter worth $146,000. Finally, Private Trust Co. NA raised its holdings in shares of Innovator Equity Managed Floor ETF by 23.2% during the fourth quarter. Private Trust Co. NA now owns 4,119 shares of the company’s stock worth $152,000 after acquiring an additional 777 shares in the last quarter.

Innovator Equity Managed Floor ETF Price Performance

Shares of SFLR stock opened at $38.86 on Monday. Innovator Equity Managed Floor ETF has a fifty-two week low of $33.49 and a fifty-two week high of $40.12. The stock’s 50-day moving average is $38.29 and its two-hundred day moving average is $37.20. The firm has a market cap of $2.10 billion, a P/E ratio of 26.45 and a beta of 0.69.

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.