Clearstead Advisors LLC Boosts Stake in Innovator Equity Managed Floor ETF $SFLR

Clearstead Advisors LLC raised its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 108.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,398 shares of the company’s stock after purchasing an additional 13,222 shares during the quarter. Clearstead Advisors LLC’s holdings in Innovator Equity Managed Floor ETF were worth $936,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its position in Innovator Equity Managed Floor ETF by 33.4% in the third quarter. Jones Financial Companies Lllp now owns 1,640 shares of the company’s stock valued at $59,000 after purchasing an additional 411 shares during the period. Private Trust Co. NA raised its position in Innovator Equity Managed Floor ETF by 23.2% in the fourth quarter. Private Trust Co. NA now owns 4,119 shares of the company’s stock valued at $152,000 after purchasing an additional 777 shares during the period. First Heartland Consultants Inc. purchased a new stake in Innovator Equity Managed Floor ETF in the fourth quarter valued at $209,000. Wealthcare Advisory Partners LLC purchased a new stake in Innovator Equity Managed Floor ETF in the fourth quarter valued at $218,000. Finally, Perigon Wealth Management LLC acquired a new stake in shares of Innovator Equity Managed Floor ETF in the fourth quarter valued at $226,000.

Innovator Equity Managed Floor ETF Trading Up 0.2%

Shares of NYSEARCA SFLR opened at $38.60 on Thursday. Innovator Equity Managed Floor ETF has a twelve month low of $32.15 and a twelve month high of $38.91. The stock has a fifty day simple moving average of $36.71 and a 200-day simple moving average of $36.75. The stock has a market capitalization of $1.72 billion, a PE ratio of 26.45 and a beta of 0.67.

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.