Diligent Investors LLC Acquires New Holdings in Innovator Equity Managed Floor ETF $SFLR

Diligent Investors LLC bought a new position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,540 shares of the company’s stock, valued at approximately $421,000.

Several other hedge funds and other institutional investors have also bought and sold shares of SFLR. LPL Financial LLC boosted its position in Innovator Equity Managed Floor ETF by 8.1% during the first quarter. LPL Financial LLC now owns 3,757,904 shares of the company’s stock valued at $117,961,000 after purchasing an additional 281,628 shares in the last quarter. Chicago Partners Investment Group LLC lifted its position in shares of Innovator Equity Managed Floor ETF by 9.3% during the first quarter. Chicago Partners Investment Group LLC now owns 1,640,244 shares of the company’s stock valued at $51,881,000 after buying an additional 140,096 shares during the last quarter. Kingsview Wealth Management LLC boosted its holdings in shares of Innovator Equity Managed Floor ETF by 344.3% in 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 in the last quarter. Commonwealth Equity Services LLC grew its position in shares of Innovator Equity Managed Floor ETF by 20.0% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,435,659 shares of the company’s stock worth $45,065,000 after buying an additional 239,598 shares during the last quarter. Finally, Wetzel Investment Advisors Inc. raised its stake in shares of Innovator Equity Managed Floor ETF by 163.1% during the 2nd quarter. Wetzel Investment Advisors Inc. now owns 398,084 shares of the company’s stock worth $13,379,000 after acquiring an additional 246,764 shares in the last quarter.

Innovator Equity Managed Floor ETF Stock Down 0.1%

NYSEARCA:SFLR opened at $36.13 on Friday. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of 26.45 and a beta of -0.70. Innovator Equity Managed Floor ETF has a 52 week low of $29.14 and a 52 week high of $36.26. The firm has a 50 day moving average of $35.19 and a 200 day moving average of $33.29.

Innovator Equity Managed Floor ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.032 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.13 annualized dividend and a dividend yield of 0.4%.

Innovator Equity Managed Floor ETF 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.