Private Advisor Group LLC Grows Stock Holdings in Innovator Equity Managed Floor ETF $SFLR

Private Advisor Group LLC boosted its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 13.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 218,030 shares of the company’s stock after purchasing an additional 25,722 shares during the quarter. Private Advisor Group LLC’s holdings in Innovator Equity Managed Floor ETF were worth $7,720,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Gilpin Wealth Management LLC purchased a new position in shares of Innovator Equity Managed Floor ETF in the fourth quarter valued at about $91,000. Physician Wealth Advisors Inc. purchased a new stake in shares of Innovator Equity Managed Floor ETF during the first quarter worth about $96,000. Sound Income Strategies LLC bought a new stake in Innovator Equity Managed Floor ETF during the 1st quarter valued at approximately $146,000. Private Trust Co. NA raised its stake in Innovator Equity Managed Floor ETF by 23.2% during the 4th 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. Finally, First Heartland Consultants Inc. purchased a new position in Innovator Equity Managed Floor ETF in the 4th quarter worth approximately $209,000.

Innovator Equity Managed Floor ETF Stock Down 0.3%

NYSEARCA SFLR traded down $0.10 during trading hours on Tuesday, reaching $38.71. The company’s stock had a trading volume of 9,345 shares, compared to its average volume of 323,214. Innovator Equity Managed Floor ETF has a 1 year low of $33.49 and a 1 year high of $40.12. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 26.45 and a beta of 0.69. The firm’s 50-day moving average price is $38.12 and its 200-day moving average price is $37.13.

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.