Innovator Equity Managed Floor ETF $SFLR Stake Lifted by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC boosted its position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 328.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 146,701 shares of the company’s stock after purchasing an additional 112,450 shares during the period. Integrated Wealth Concepts LLC’s holdings in Innovator Equity Managed Floor ETF were worth $5,660,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Gilpin Wealth Management LLC bought a new position in Innovator Equity Managed Floor ETF during the fourth quarter valued at about $91,000. Physician Wealth Advisors Inc. bought a new stake in Innovator Equity Managed Floor ETF in the first quarter worth about $96,000. Royal Bank of Canada acquired a new stake in Innovator Equity Managed Floor ETF in the 1st quarter valued at about $104,000. Fifth Third Bancorp acquired a new stake in Innovator Equity Managed Floor ETF in the 1st quarter valued at about $137,000. Finally, Sound Income Strategies LLC acquired a new stake in Innovator Equity Managed Floor ETF in the 1st quarter valued at about $146,000.

Innovator Equity Managed Floor ETF Stock Performance

Shares of NYSEARCA:SFLR opened at $38.89 on Friday. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of 26.45 and a beta of 0.69. Innovator Equity Managed Floor ETF has a 1-year low of $34.69 and a 1-year high of $40.12. The company has a 50 day moving average price of $38.77 and a 200 day moving average price of $37.75.

Innovator Equity Managed Floor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.0227 per share. This represents a $0.09 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 30th.

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.