Innovator Equity Managed Floor ETF $SFLR Shares Acquired by Wetzel Investment Advisors Inc.

Wetzel Investment Advisors Inc. boosted its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 2.7% during the 3rd quarter, Holdings Channel reports. The fund owned 648,515 shares of the company’s stock after acquiring an additional 17,331 shares during the quarter. Innovator Equity Managed Floor ETF comprises 8.8% of Wetzel Investment Advisors Inc.’s portfolio, making the stock its 2nd largest holding. Wetzel Investment Advisors Inc.’s holdings in Innovator Equity Managed Floor ETF were worth $25,272,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in SFLR. Integrated Wealth Concepts LLC boosted its position in Innovator Equity Managed Floor ETF by 328.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 146,701 shares of the company’s stock worth $5,660,000 after acquiring an additional 112,450 shares during the period. Intrua Financial LLC bought a new position in shares of Innovator Equity Managed Floor ETF in the first quarter worth $3,675,000. Collaborative Wealth Managment Inc. bought a new position in shares of Innovator Equity Managed Floor ETF in the first quarter worth $2,039,000. Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of Innovator Equity Managed Floor ETF in the first quarter worth $1,105,000. Finally, Valmark Advisers Inc. grew its stake in shares of Innovator Equity Managed Floor ETF by 532.8% in the first quarter. Valmark Advisers Inc. now owns 39,709 shares of the company’s stock worth $1,406,000 after purchasing an additional 33,434 shares in the last quarter.

Innovator Equity Managed Floor ETF Stock Performance

Shares of SFLR opened at $39.64 on Wednesday. The firm has a market capitalization of $2.27 billion, a price-to-earnings ratio of 26.45 and a beta of 0.69. Innovator Equity Managed Floor ETF has a one year low of $34.69 and a one year high of $40.41. The stock’s fifty day moving average is $39.09 and its 200-day moving average is $38.21.

Innovator Equity Managed Floor ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Wednesday, September 30th were issued a $0.0195 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This is a decrease from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227. This represents a $0.08 annualized dividend and a yield of 0.2%.

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.