Envestnet Asset Management Inc. Grows Stock Position in Innovator Equity Managed Floor ETF $SFLR

Envestnet Asset Management Inc. raised its holdings in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 55.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 378,784 shares of the company’s stock after acquiring an additional 135,057 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Innovator Equity Managed Floor ETF were worth $12,692,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Stephens Inc. AR grew its position in shares of Innovator Equity Managed Floor ETF by 31.8% in the first quarter. Stephens Inc. AR now owns 62,602 shares of the company’s stock valued at $1,965,000 after purchasing an additional 15,094 shares during the last quarter. CWM LLC raised its position in shares of Innovator Equity Managed Floor ETF by 191.3% during the 1st quarter. CWM LLC now owns 22,412 shares of the company’s stock worth $704,000 after purchasing an additional 14,718 shares during the last quarter. Secured Retirement Advisors LLC lifted its stake in Innovator Equity Managed Floor ETF by 10.3% in the 1st quarter. Secured Retirement Advisors LLC now owns 30,389 shares of the company’s stock valued at $954,000 after buying an additional 2,844 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in Innovator Equity Managed Floor ETF by 344.3% during the 1st quarter. Kingsview Wealth Management LLC now owns 1,561,728 shares of the company’s stock valued at $49,023,000 after buying an additional 1,210,207 shares during the last quarter. Finally, Private Advisor Group LLC acquired a new stake in Innovator Equity Managed Floor ETF during the 1st quarter valued at $775,000.

Innovator Equity Managed Floor ETF Stock Up 0.3%

NYSEARCA SFLR opened at $36.40 on Friday. Innovator Equity Managed Floor ETF has a fifty-two week low of $29.14 and a fifty-two week high of $37.00. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 26.45 and a beta of 0.72. The business has a fifty day moving average of $35.99 and a 200-day moving average of $34.23.

Innovator Equity Managed Floor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Tuesday, September 30th were paid a $0.032 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.13 annualized dividend and a yield of 0.4%.

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.