Independent Financial Group LLC purchased a new stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR – Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 82,676 shares of the company’s stock, valued at approximately $2,928,000. Independent Financial Group LLC owned approximately 0.19% of Innovator Equity Managed Floor ETF as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in SFLR. Gilpin Wealth Management LLC bought a new position in Innovator Equity Managed Floor ETF in the 4th quarter worth about $91,000. Physician Wealth Advisors Inc. bought a new stake in shares of Innovator Equity Managed Floor ETF during the first quarter valued at about $96,000. Fifth Third Bancorp bought a new stake in shares of Innovator Equity Managed Floor ETF during the first quarter valued at about $137,000. Sound Income Strategies LLC bought a new stake in shares of Innovator Equity Managed Floor ETF during the first quarter valued at about $146,000. Finally, Private Trust Co. NA lifted its holdings in shares of 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 worth $152,000 after buying an additional 777 shares in the last quarter.
Innovator Equity Managed Floor ETF Trading Down 0.9%
SFLR stock opened at $38.40 on Friday. The firm has a 50 day moving average of $38.42 and a 200-day moving average of $37.25. Innovator Equity Managed Floor ETF has a 12 month low of $33.49 and a 12 month high of $40.12. The firm has a market capitalization of $2.09 billion, a P/E 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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