Concurrent Investment Advisors LLC Makes New $440,000 Investment in Innovator Equity Managed Floor ETF $SFLR

Concurrent Investment Advisors LLC bought a new stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 13,116 shares of the company’s stock, valued at approximately $440,000. Concurrent Investment Advisors LLC owned approximately 0.05% of Innovator Equity Managed Floor ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of SFLR. Wealth Enhancement Advisory Services LLC lifted its holdings in Innovator Equity Managed Floor ETF by 121.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 118,502 shares of the company’s stock worth $3,720,000 after acquiring an additional 65,001 shares during the period. Castleview Partners LLC increased its stake in shares of Innovator Equity Managed Floor ETF by 74.2% during the 1st quarter. Castleview Partners LLC now owns 25,405 shares of the company’s stock worth $797,000 after purchasing an additional 10,820 shares during the last quarter. Worth Financial Advisory Group LLC lifted its position in shares of Innovator Equity Managed Floor ETF by 37.4% during the 1st quarter. Worth Financial Advisory Group LLC now owns 148,769 shares of the company’s stock valued at $4,670,000 after buying an additional 40,515 shares during the last quarter. Wetzel Investment Advisors Inc. lifted its holdings in Innovator Equity Managed Floor ETF by 15.5% during the first quarter. Wetzel Investment Advisors Inc. now owns 151,320 shares of the company’s stock valued at $4,754,000 after purchasing an additional 20,268 shares during the last quarter. Finally, Archford Capital Strategies LLC boosted its holdings in Innovator Equity Managed Floor ETF by 1,345.6% in the 1st quarter. Archford Capital Strategies LLC now owns 94,250 shares of the company’s stock worth $2,959,000 after buying an additional 87,730 shares during the period.

Innovator Equity Managed Floor ETF Stock Performance

Shares of SFLR opened at $36.00 on Friday. The stock has a market capitalization of $1.16 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 $36.41. The stock’s 50-day simple moving average is $35.51 and its 200 day simple moving average is $33.60.

Innovator Equity Managed Floor ETF Cuts Dividend

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

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.