Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) is Pinnacle Wealth Management Group Inc.’s 8th Largest Position

Pinnacle Wealth Management Group Inc. increased its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 2.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 173,198 shares of the company’s stock after buying an additional 4,887 shares during the period. Innovator Equity Managed Floor ETF accounts for 3.5% of Pinnacle Wealth Management Group Inc.’s investment portfolio, making the stock its 8th biggest position. Pinnacle Wealth Management Group Inc. owned approximately 1.96% of Innovator Equity Managed Floor ETF worth $5,655,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of SFLR. Private Trust Co. NA grew its position in shares of Innovator Equity Managed Floor ETF by 246.8% in the third quarter. Private Trust Co. NA now owns 2,421 shares of the company’s stock valued at $77,000 after purchasing an additional 1,723 shares in the last quarter. Centaurus Financial Inc. bought a new position in shares of Innovator Equity Managed Floor ETF in the second quarter valued at approximately $126,000. Private Advisor Group LLC purchased a new position in Innovator Equity Managed Floor ETF during the third quarter valued at approximately $203,000. Johnson Investment Counsel Inc. bought a new stake in Innovator Equity Managed Floor ETF during the 2nd quarter worth approximately $205,000. Finally, Sugarloaf Wealth Management LLC lifted its stake in Innovator Equity Managed Floor ETF by 445.1% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 7,789 shares of the company’s stock worth $248,000 after purchasing an additional 6,360 shares in the last quarter.

Innovator Equity Managed Floor ETF Price Performance

SFLR opened at $32.52 on Tuesday. The firm has a market capitalization of $287.80 million, a P/E ratio of 25.92 and a beta of 0.67. Innovator Equity Managed Floor ETF has a one year low of $27.17 and a one year high of $34.20. The company has a fifty day moving average price of $33.05 and a 200-day moving average price of $31.97.

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.