Northwestern Mutual Wealth Management Co. Buys 81,418 Shares of Innovator Equity Managed Floor ETF $SFLR

Northwestern Mutual Wealth Management Co. raised its stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 125,258.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 81,483 shares of the company’s stock after purchasing an additional 81,418 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.21% of Innovator Equity Managed Floor ETF worth $3,003,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in SFLR. Foundations Investment Advisors LLC raised its holdings in Innovator Equity Managed Floor ETF by 77.2% during the 4th quarter. Foundations Investment Advisors LLC now owns 75,295 shares of the company’s stock valued at $2,775,000 after buying an additional 32,798 shares during the last quarter. Kingsview Wealth Management LLC raised its stake in shares of Innovator Equity Managed Floor ETF by 7.2% during the fourth quarter. Kingsview Wealth Management LLC now owns 1,886,697 shares of the company’s stock valued at $69,544,000 after acquiring an additional 126,292 shares during the last quarter. Harbour Investments Inc. boosted its holdings in shares of Innovator Equity Managed Floor ETF by 9.8% during the fourth quarter. Harbour Investments Inc. now owns 110,485 shares of the company’s stock worth $4,072,000 after purchasing an additional 9,844 shares during the period. Clearstead Advisors LLC grew its stake in shares of Innovator Equity Managed Floor ETF by 108.6% in the fourth quarter. Clearstead Advisors LLC now owns 25,398 shares of the company’s stock worth $936,000 after purchasing an additional 13,222 shares during the last quarter. Finally, Atticus Wealth Management LLC bought a new position in Innovator Equity Managed Floor ETF during the 4th quarter valued at approximately $392,000.

Innovator Equity Managed Floor ETF Stock Performance

NYSEARCA SFLR opened at $39.11 on Friday. The stock has a 50 day simple moving average of $37.08 and a two-hundred day simple moving average of $36.85. Innovator Equity Managed Floor ETF has a fifty-two week low of $32.49 and a fifty-two week high of $39.64. The stock has a market cap of $1.75 billion, a P/E ratio of 26.45 and a beta of 0.68.

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. SFLR was launched on Nov 8, 2022 and is managed by Innovator.