Commonwealth Equity Services LLC Has $61.77 Million Stake in Innovator Equity Managed Floor ETF $SFLR

Commonwealth Equity Services LLC increased its position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 28.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,839,890 shares of the company’s stock after acquiring an additional 404,231 shares during the period. Commonwealth Equity Services LLC owned about 7.20% of Innovator Equity Managed Floor ETF worth $61,765,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. GPS Wealth Strategies Group LLC boosted its stake in shares of Innovator Equity Managed Floor ETF by 159.3% during the second quarter. GPS Wealth Strategies Group LLC now owns 2,606 shares of the company’s stock valued at $87,000 after purchasing an additional 1,601 shares in the last quarter. WorthPointe LLC acquired a new stake in Innovator Equity Managed Floor ETF during the 2nd quarter worth approximately $385,000. Lifeworks Advisors LLC grew its holdings in Innovator Equity Managed Floor ETF by 1.5% during the 2nd quarter. Lifeworks Advisors LLC now owns 32,070 shares of the company’s stock worth $1,077,000 after acquiring an additional 477 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in Innovator Equity Managed Floor ETF during the 2nd quarter worth approximately $1,638,000. Finally, GWN Securities Inc. increased its position in Innovator Equity Managed Floor ETF by 10.8% in the 2nd quarter. GWN Securities Inc. now owns 50,822 shares of the company’s stock valued at $1,706,000 after acquiring an additional 4,942 shares during the period.

Innovator Equity Managed Floor ETF Stock Performance

SFLR stock opened at $36.40 on Friday. The company has a market capitalization of $1.20 billion, a P/E ratio of 26.45 and a beta of 0.72. The company has a fifty day moving average price of $35.99 and a 200-day moving average price of $34.23. Innovator Equity Managed Floor ETF has a 52-week low of $29.14 and a 52-week high of $37.00.

Innovator Equity Managed Floor ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.032 per share. 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.