Hazlett Burt & Watson Inc. Makes New Investment in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR)

Hazlett Burt & Watson Inc. purchased a new stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 6,511 shares of the company’s stock, valued at approximately $204,000.

Several other institutional investors have also made changes to their positions in the stock. GPS Wealth Strategies Group LLC acquired a new stake in Innovator Equity Managed Floor ETF during the second quarter worth about $31,000. Sugarloaf Wealth Management LLC bought a new stake in shares of Innovator Equity Managed Floor ETF during the 2nd quarter worth approximately $44,000. Global Retirement Partners LLC acquired a new stake in shares of Innovator Equity Managed Floor ETF during the 1st quarter worth approximately $45,000. Centaurus Financial Inc. bought a new position in Innovator Equity Managed Floor ETF in the fourth quarter valued at approximately $111,000. Finally, Archford Capital Strategies LLC acquired a new position in Innovator Equity Managed Floor ETF during the second quarter valued at approximately $201,000.

Innovator Equity Managed Floor ETF Stock Performance

Shares of SFLR stock opened at $30.88 on Thursday. Innovator Equity Managed Floor ETF has a fifty-two week low of $24.81 and a fifty-two week high of $31.85. The stock’s fifty day moving average price is $31.05 and its two-hundred day moving average price is $30.25. The company has a market cap of $273.29 million, a PE ratio of 25.92 and a beta of 0.67.

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.