HFG Wealth Management LLC Has $5.76 Million Stake in Innovator Equity Managed Floor ETF $SFLR

HFG Wealth Management LLC lifted its stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 11.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 171,628 shares of the company’s stock after acquiring an additional 18,021 shares during the quarter. Innovator Equity Managed Floor ETF comprises approximately 3.1% of HFG Wealth Management LLC’s holdings, making the stock its 11th largest position. HFG Wealth Management LLC owned about 0.58% of Innovator Equity Managed Floor ETF worth $5,762,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SFLR. Steward Partners Investment Advisory LLC grew its stake in Innovator Equity Managed Floor ETF by 7.7% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 266,992 shares of the company’s stock valued at $8,381,000 after buying an additional 19,019 shares during the last quarter. Kestra Advisory Services LLC grew its position in shares of Innovator Equity Managed Floor ETF by 4.7% in the first quarter. Kestra Advisory Services LLC now owns 115,226 shares of the company’s stock valued at $3,617,000 after purchasing an additional 5,144 shares during the last quarter. Freedom Investment Management Inc. bought a new position in shares of Innovator Equity Managed Floor ETF in the first quarter worth about $1,064,000. Luminist Capital LLC lifted its position in shares of Innovator Equity Managed Floor ETF by 26,128.3% during the 1st quarter. Luminist Capital LLC now owns 118,552 shares of the company’s stock worth $3,721,000 after purchasing an additional 118,100 shares during the last quarter. Finally, OLD Mission Capital LLC bought a new stake in Innovator Equity Managed Floor ETF during the 1st quarter valued at approximately $449,000.

Innovator Equity Managed Floor ETF Stock Down 0.3%

Shares of NYSEARCA SFLR opened at $36.60 on Tuesday. Innovator Equity Managed Floor ETF has a 12 month low of $29.14 and a 12 month high of $37.34. The company has a market cap of $1.20 billion, a P/E ratio of 26.45 and a beta of 0.72. The business’s 50 day moving average is $36.44 and its two-hundred day moving average is $35.13.

Innovator Equity Managed Floor ETF Cuts Dividend

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

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.