Kestra Advisory Services LLC Sells 314,646 Shares of Innovator Nasdaq-100 Managed Floor ETF $QFLR

Kestra Advisory Services LLC lowered its position in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 67.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 154,929 shares of the company’s stock after selling 314,646 shares during the period. Kestra Advisory Services LLC owned approximately 1.08% of Innovator Nasdaq-100 Managed Floor ETF worth $5,159,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. acquired a new stake in Innovator Nasdaq-100 Managed Floor ETF in the third quarter valued at approximately $39,000. Sound Income Strategies LLC acquired a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the first quarter worth $45,000. Advisory Services Network LLC purchased a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the 3rd quarter valued at $133,000. Truist Financial Corp purchased a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter valued at $201,000. Finally, Atticus Wealth Management LLC acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the 4th quarter worth $201,000.

Innovator Nasdaq-100 Managed Floor ETF Price Performance

Shares of QFLR stock opened at $35.98 on Thursday. The stock’s fifty day moving average price is $35.96 and its 200 day moving average price is $34.97. Innovator Nasdaq-100 Managed Floor ETF has a 1-year low of $30.12 and a 1-year high of $36.95. The company has a market cap of $537.90 million, a price-to-earnings ratio of 32.95 and a beta of 0.72.

Innovator Nasdaq-100 Managed Floor ETF Company Profile

The Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio representative of the NASDAQ-100, 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. QFLR was launched on Jan 25, 2024 and is issued by Innovator.