Sovran Advisors LLC Makes New $2.70 Million Investment in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR)

Sovran Advisors LLC bought a new stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 82,923 shares of the company’s stock, valued at approximately $2,700,000. Sovran Advisors LLC owned approximately 0.94% of Innovator Equity Managed Floor ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of SFLR. John W. Brooker & Co. CPAs boosted its position in Innovator Equity Managed Floor ETF by 0.5% during the 4th quarter. John W. Brooker & Co. CPAs now owns 65,362 shares of the company’s stock valued at $2,134,000 after acquiring an additional 338 shares in the last quarter. Centaurus Financial Inc. lifted its stake in shares of Innovator Equity Managed Floor ETF by 27.2% in the 3rd quarter. Centaurus Financial Inc. now owns 5,186 shares of the company’s stock valued at $165,000 after purchasing an additional 1,110 shares during the period. Old Port Advisors boosted its position in shares of Innovator Equity Managed Floor ETF by 11.5% during the third quarter. Old Port Advisors now owns 11,120 shares of the company’s stock valued at $354,000 after purchasing an additional 1,150 shares in the last quarter. Merit Financial Group LLC grew its stake in Innovator Equity Managed Floor ETF by 18.1% in the fourth quarter. Merit Financial Group LLC now owns 9,258 shares of the company’s stock worth $302,000 after purchasing an additional 1,420 shares during the period. Finally, Milestone Asset Management LLC raised its holdings in Innovator Equity Managed Floor ETF by 2.2% in the fourth quarter. Milestone Asset Management LLC now owns 68,045 shares of the company’s stock worth $2,222,000 after purchasing an additional 1,489 shares in the last quarter.

Innovator Equity Managed Floor ETF Trading Up 0.6 %

Shares of SFLR stock opened at $33.57 on Tuesday. The company’s fifty day moving average price is $33.20 and its 200-day moving average price is $32.24. The stock has a market cap of $297.09 million, a PE ratio of 25.92 and a beta of 0.67. Innovator Equity Managed Floor ETF has a 12 month low of $28.23 and a 12 month high of $34.20.

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.