Foundations Investment Advisors LLC Acquires 32,798 Shares of Innovator Equity Managed Floor ETF $SFLR

Foundations Investment Advisors LLC raised its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 77.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 75,295 shares of the company’s stock after acquiring an additional 32,798 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Innovator Equity Managed Floor ETF were worth $2,775,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in SFLR. Bank of America Corp DE increased its stake in shares of Innovator Equity Managed Floor ETF by 10,697.3% during the 3rd quarter. Bank of America Corp DE now owns 3,919,960 shares of the company’s stock worth $141,236,000 after purchasing an additional 3,883,655 shares during the last quarter. Liberty Atlantic Advisors LLC acquired a new stake in shares of Innovator Equity Managed Floor ETF in the 4th quarter valued at $20,483,000. Americana Partners LLC bought a new stake in Innovator Equity Managed Floor ETF in the fourth quarter worth $9,596,000. Winnow Wealth LLC bought a new stake in Innovator Equity Managed Floor ETF in the third quarter worth $9,352,000. Finally, Brookstone Capital Management increased its position in Innovator Equity Managed Floor ETF by 158.2% during the fourth quarter. Brookstone Capital Management now owns 283,999 shares of the company’s stock worth $10,468,000 after buying an additional 174,005 shares during the last quarter.

Innovator Equity Managed Floor ETF Price Performance

NYSEARCA SFLR opened at $38.88 on Friday. Innovator Equity Managed Floor ETF has a fifty-two week low of $32.15 and a fifty-two week high of $39.63. The stock’s 50-day moving average is $36.82 and its two-hundred day moving average is $36.78. The firm has a market cap of $1.74 billion, a P/E ratio of 26.45 and a beta of 0.67.

Innovator Equity Managed Floor ETF Company 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.