HBW Advisory Services LLC lowered its position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR – Free Report) by 44.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 19,180 shares of the company’s stock after selling 15,209 shares during the quarter. HBW Advisory Services LLC’s holdings in Innovator Equity Managed Floor ETF were worth $679,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Gilpin Wealth Management LLC bought a new position in Innovator Equity Managed Floor ETF during the fourth quarter worth $91,000. Physician Wealth Advisors Inc. bought a new position in shares of Innovator Equity Managed Floor ETF in the 1st quarter worth about $96,000. Fifth Third Bancorp bought a new position in shares of Innovator Equity Managed Floor ETF in the 1st quarter worth about $137,000. Sound Income Strategies LLC acquired a new position in shares of Innovator Equity Managed Floor ETF in the 1st quarter valued at about $146,000. Finally, Private Trust Co. NA boosted its holdings in shares of Innovator Equity Managed Floor ETF by 23.2% in the 4th quarter. Private Trust Co. NA now owns 4,119 shares of the company’s stock valued at $152,000 after buying an additional 777 shares during the period.
Innovator Equity Managed Floor ETF Stock Up 0.4%
Shares of NYSEARCA:SFLR opened at $38.86 on Wednesday. The firm has a 50-day simple moving average of $38.36 and a 200 day simple moving average of $37.22. Innovator Equity Managed Floor ETF has a fifty-two week low of $33.49 and a fifty-two week high of $40.12. The company has a market cap of $2.11 billion, a PE ratio of 26.45 and a beta of 0.69.
About Innovator Equity Managed Floor ETF
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.
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