17,781 Shares of Innovator Equity Managed Floor ETF $SFLR Bought by Fifth Third Securities Inc.

Fifth Third Securities Inc. bought a new stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 17,781 shares of the company’s stock, valued at approximately $693,000.

Several other hedge funds also recently modified their holdings of SFLR. Sowell Financial Services LLC acquired a new stake in shares of Innovator Equity Managed Floor ETF during the 3rd quarter worth approximately $2,424,000. Atticus Wealth Management LLC raised its stake in shares of Innovator Equity Managed Floor ETF by 12.7% during the third quarter. Atticus Wealth Management LLC now owns 726,727 shares of the company’s stock worth $28,306,000 after buying an additional 82,017 shares during the last quarter. CFS Investment Advisory Services LLC lifted its holdings in Innovator Equity Managed Floor ETF by 7.8% in the third quarter. CFS Investment Advisory Services LLC now owns 27,823 shares of the company’s stock valued at $1,103,000 after buying an additional 2,009 shares during the period. Selby Wealth Management LLC lifted its holdings in Innovator Equity Managed Floor ETF by 3.2% in the third quarter. Selby Wealth Management LLC now owns 67,352 shares of the company’s stock valued at $2,623,000 after buying an additional 2,061 shares during the period. Finally, Sard Wealth Management Group LLC lifted its holdings in Innovator Equity Managed Floor ETF by 3.0% in the third quarter. Sard Wealth Management Group LLC now owns 22,593 shares of the company’s stock valued at $880,000 after buying an additional 649 shares during the period.

Innovator Equity Managed Floor ETF Stock Performance

Shares of SFLR stock opened at $39.15 on Friday. Innovator Equity Managed Floor ETF has a 52-week low of $34.69 and a 52-week high of $40.41. The stock has a market cap of $2.26 billion, a PE ratio of 26.45 and a beta of 0.69. The firm’s 50 day moving average price is $39.14 and its two-hundred day moving average price is $38.40.

Innovator Equity Managed Floor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Wednesday, September 30th were given a dividend of $0.0195 per share. This represents a $0.08 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Wednesday, September 30th. This is a negative change from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227.

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.