IMG Wealth Management Inc. Takes Position in Innovator Nasdaq-100 Managed Floor ETF $QFLR

IMG Wealth Management Inc. purchased a new stake in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 23,017 shares of the company’s stock, valued at approximately $789,000. IMG Wealth Management Inc. owned 0.17% of Innovator Nasdaq-100 Managed Floor ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in QFLR. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Innovator Nasdaq-100 Managed Floor ETF in the 3rd quarter valued at $39,000. Advisory Services Network LLC purchased a new position in Innovator Nasdaq-100 Managed Floor ETF during the 3rd quarter worth $133,000. Truist Financial Corp purchased a new position in Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter worth $201,000. Concurrent Investment Advisors LLC purchased a new position in Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter worth $206,000. Finally, Capital Investment Advisory Services LLC grew its stake in Innovator Nasdaq-100 Managed Floor ETF by 6.3% during the 4th quarter. Capital Investment Advisory Services LLC now owns 6,644 shares of the company’s stock worth $228,000 after buying an additional 396 shares during the last quarter.

Innovator Nasdaq-100 Managed Floor ETF Price Performance

Shares of QFLR stock opened at $35.70 on Friday. Innovator Nasdaq-100 Managed Floor ETF has a 1-year low of $27.84 and a 1-year high of $36.90. The stock’s fifty day moving average price is $34.44 and its 200 day moving average price is $34.42. The company has a market cap of $512.30 million, a price-to-earnings ratio of 32.95 and a beta of 0.72.

About Innovator Nasdaq-100 Managed Floor ETF

The Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio representative of the NASDAQ-100, 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. QFLR was launched on Jan 25, 2024 and is issued by Innovator.