109,000 Shares in Innovator Equity Managed Floor ETF $SFLR Acquired by Signaturefd LLC

Signaturefd LLC acquired a new position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 109,000 shares of the company’s stock, valued at approximately $4,246,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE raised its stake in shares of Innovator Equity Managed Floor ETF by 1.2% in the first quarter. Bank of America Corp DE now owns 5,920,303 shares of the company’s stock worth $209,638,000 after purchasing an additional 71,504 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Innovator Equity Managed Floor ETF by 766.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,914,894 shares of the company’s stock valued at $189,617,000 after buying an additional 4,347,835 shares during the last quarter. Brookstone Capital Management purchased a new position in shares of Innovator Equity Managed Floor ETF during the third quarter valued at approximately $31,427,000. Liberty Atlantic Advisors LLC boosted its position in shares of Innovator Equity Managed Floor ETF by 10.3% during the third quarter. Liberty Atlantic Advisors LLC now owns 752,483 shares of the company’s stock valued at $29,324,000 after buying an additional 69,986 shares during the last quarter. Finally, Atticus Wealth Management LLC boosted its position in shares of Innovator Equity Managed Floor ETF by 12.7% during the third quarter. Atticus Wealth Management LLC now owns 726,727 shares of the company’s stock valued at $28,306,000 after buying an additional 82,017 shares during the last quarter.

Innovator Equity Managed Floor ETF Trading Down 0.1%

Shares of Innovator Equity Managed Floor ETF stock opened at $39.11 on Friday. The stock has a fifty day simple moving average of $39.13 and a 200 day simple moving average of $38.41. Innovator Equity Managed Floor ETF has a 12-month low of $34.69 and a 12-month high of $40.41. The company has a market capitalization of $2.26 billion, a P/E ratio of 26.45 and a beta of 0.69.

Innovator Equity Managed Floor ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Wednesday, September 30th were paid a dividend of $0.0195 per share. This is a drop from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227. The ex-dividend date was Wednesday, September 30th. This represents a $0.08 annualized dividend and a yield of 0.2%.

About Innovator Equity Managed Floor ETF

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.