Wetzel Investment Advisors Inc. Has $17.35 Million Stock Position in Innovator Equity Managed Floor ETF $SFLR

Wetzel Investment Advisors Inc. grew its stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 12.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 489,437 shares of the company’s stock after purchasing an additional 52,953 shares during the quarter. Innovator Equity Managed Floor ETF makes up approximately 6.9% of Wetzel Investment Advisors Inc.’s investment portfolio, making the stock its 2nd largest position. Wetzel Investment Advisors Inc. owned approximately 1.10% of Innovator Equity Managed Floor ETF worth $17,346,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in SFLR. Kellett Wealth Advisors LLC lifted its holdings in Innovator Equity Managed Floor ETF by 0.6% during the 4th quarter. Kellett Wealth Advisors LLC now owns 54,227 shares of the company’s stock valued at $1,999,000 after buying an additional 343 shares in the last quarter. Quantinno Capital Management LP grew its stake in Innovator Equity Managed Floor ETF by 3.8% in the 2nd quarter. Quantinno Capital Management LP now owns 13,263 shares of the company’s stock worth $445,000 after acquiring an additional 486 shares in the last quarter. HFG Wealth Management LLC grew its stake in Innovator Equity Managed Floor ETF by 0.3% in the 4th quarter. HFG Wealth Management LLC now owns 172,485 shares of the company’s stock worth $6,358,000 after acquiring an additional 566 shares in the last quarter. Concorde Asset Management LLC increased its position in shares of Innovator Equity Managed Floor ETF by 0.7% during the fourth quarter. Concorde Asset Management LLC now owns 87,680 shares of the company’s stock worth $3,232,000 after acquiring an additional 611 shares during the period. Finally, Golden State Wealth Management LLC increased its position in shares of Innovator Equity Managed Floor ETF by 5.2% during the fourth quarter. Golden State Wealth Management LLC now owns 12,278 shares of the company’s stock worth $453,000 after acquiring an additional 612 shares during the period.

Innovator Equity Managed Floor ETF Stock Performance

Innovator Equity Managed Floor ETF stock opened at $37.96 on Monday. The company has a market capitalization of $1.69 billion, a PE ratio of 26.45 and a beta of 0.68. The company has a 50 day moving average price of $37.87 and a 200-day moving average price of $37.06. Innovator Equity Managed Floor ETF has a fifty-two week low of $33.09 and a fifty-two week high of $40.12.

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