Valmark Advisers Inc. acquired a new stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR – Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 60,583 shares of the company’s stock, valued at approximately $2,360,000.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. Allworth Financial LP lifted its position in shares of Innovator Equity Managed Floor ETF by 297.5% during the 3rd quarter. Allworth Financial LP now owns 3,180 shares of the company’s stock worth $123,000 after purchasing an additional 2,380 shares during the last quarter. Cornerstone Wealth Management LLC increased its holdings in Innovator Equity Managed Floor ETF by 1.3% in the third quarter. Cornerstone Wealth Management LLC now owns 22,184 shares of the company’s stock valued at $864,000 after buying an additional 277 shares during the last quarter. Leelyn Smith LLC increased its holdings in Innovator Equity Managed Floor ETF by 12.0% in the third quarter. Leelyn Smith LLC now owns 9,364 shares of the company’s stock valued at $365,000 after buying an additional 1,000 shares during the last quarter. Ashton Thomas Private Wealth LLC increased its holdings in Innovator Equity Managed Floor ETF by 72.7% in the third quarter. Ashton Thomas Private Wealth LLC now owns 3,134 shares of the company’s stock valued at $122,000 after buying an additional 1,319 shares during the last quarter. Finally, Valtinson Bruner Financial Planning LLC acquired a new stake in Innovator Equity Managed Floor ETF in the third quarter valued at $201,000.
Innovator Equity Managed Floor ETF Price Performance
Shares of NYSEARCA SFLR traded down $0.20 during midday trading on Friday, hitting $38.72. 104,961 shares of the company’s stock were exchanged, compared to its average volume of 281,171. Innovator Equity Managed Floor ETF has a twelve month low of $34.69 and a twelve month high of $40.41. The firm’s fifty day simple moving average is $39.11 and its 200-day simple moving average is $37.98. The company has a market cap of $2.23 billion, a PE ratio of 24.32 and a beta of 0.69.
Innovator Equity Managed Floor ETF Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th were issued a $0.0195 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Wednesday, September 30th. This is a negative change from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227.
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.
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