Core Wealth Advisors Inc. Invests $492,000 in Innovator Nasdaq-100 Managed Floor ETF $QFLR

Core Wealth Advisors Inc. acquired a new stake in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,787 shares of the company’s stock, valued at approximately $492,000. Core Wealth Advisors Inc. owned about 0.10% of Innovator Nasdaq-100 Managed Floor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in QFLR. COFG Advisors LLC acquired a new stake in Innovator Nasdaq-100 Managed Floor ETF during the fourth quarter worth $26,481,000. Liberty Atlantic Advisors LLC purchased a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter worth $13,093,000. LPL Financial LLC increased its position in shares of Innovator Nasdaq-100 Managed Floor ETF by 40.2% during the 4th quarter. LPL Financial LLC now owns 1,278,138 shares of the company’s stock worth $43,815,000 after purchasing an additional 366,595 shares during the last quarter. ATX Financial Planning LLC purchased a new stake in Innovator Nasdaq-100 Managed Floor ETF in the 4th quarter valued at about $11,918,000. Finally, Independent Financial Group LLC acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the first quarter valued at about $4,037,000.

Innovator Nasdaq-100 Managed Floor ETF Stock Performance

Innovator Nasdaq-100 Managed Floor ETF stock opened at $34.36 on Wednesday. The company’s 50 day simple moving average is $35.84 and its 200-day simple moving average is $35.01. Innovator Nasdaq-100 Managed Floor ETF has a 1 year low of $30.46 and a 1 year high of $36.95. The company has a market capitalization of $515.40 million, a price-to-earnings ratio of 32.95 and a beta of 0.72.

Innovator Nasdaq-100 Managed Floor ETF 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.