MML Investors Services LLC Makes New Investment in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR)

MML Investors Services LLC acquired a new stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 171,379 shares of the company’s stock, valued at approximately $5,596,000.

A number of other institutional investors also recently modified their holdings of SFLR. SRS Capital Advisors Inc. bought a new stake in shares of Innovator Equity Managed Floor ETF during the fourth quarter valued at approximately $70,000. Private Trust Co. NA boosted its position in Innovator Equity Managed Floor ETF by 13.3% in the 4th quarter. Private Trust Co. NA now owns 2,743 shares of the company’s stock valued at $90,000 after buying an additional 322 shares during the last quarter. Golden State Wealth Management LLC bought a new position in Innovator Equity Managed Floor ETF in the 4th quarter valued at $175,000. Atlas Private Wealth Advisors acquired a new stake in shares of Innovator Equity Managed Floor ETF in the 4th quarter valued at $224,000. Finally, Occidental Asset Management LLC bought a new stake in shares of Innovator Equity Managed Floor ETF during the fourth quarter worth $252,000.

Innovator Equity Managed Floor ETF Stock Up 1.1 %

Innovator Equity Managed Floor ETF stock opened at $31.24 on Friday. The business’s 50-day simple moving average is $31.57 and its 200 day simple moving average is $32.47. The stock has a market cap of $760.69 million, a price-to-earnings ratio of 25.02 and a beta of 0.74. Innovator Equity Managed Floor ETF has a 12-month low of $28.73 and a 12-month high of $34.20.

Innovator Equity Managed Floor ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 31st were given a dividend of $0.0275 per share. The ex-dividend date of this dividend was Monday, March 31st.

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.