Innovator U.S. Small Cap Managed Floor ETF $RFLR Stock Sold by Winnacle Wealth LLC

Winnacle Wealth LLC trimmed its stake in shares of Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) by 15.7% in the third quarter, Holdings Channel.com reports. The fund owned 97,329 shares of the company’s stock after selling 18,134 shares during the period. Innovator U.S. Small Cap Managed Floor ETF makes up about 1.9% of Winnacle Wealth LLC’s holdings, making the stock its 13th largest holding. Winnacle Wealth LLC’s holdings in Innovator U.S. Small Cap Managed Floor ETF were worth $3,054,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Sound Income Strategies LLC purchased a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF during the 1st quarter worth approximately $47,000. Beacon Financial Strategies CORP acquired a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF in the 2nd quarter worth approximately $233,000. Brookstone Capital Management purchased a new position in Innovator U.S. Small Cap Managed Floor ETF in the 1st quarter valued at approximately $220,000. WorthPointe LLC increased its stake in Innovator U.S. Small Cap Managed Floor ETF by 11.3% in the 2nd quarter. WorthPointe LLC now owns 19,680 shares of the company’s stock valued at $645,000 after purchasing an additional 2,004 shares in the last quarter. Finally, Signal Advisors Wealth LLC increased its stake in Innovator U.S. Small Cap Managed Floor ETF by 13.7% in the 1st quarter. Signal Advisors Wealth LLC now owns 21,089 shares of the company’s stock valued at $612,000 after purchasing an additional 2,539 shares in the last quarter.

Innovator U.S. Small Cap Managed Floor ETF Stock Performance

Shares of RFLR stock opened at $31.02 on Thursday. The stock has a fifty day moving average price of $32.29 and a 200 day moving average price of $31.51. The stock has a market cap of $93.06 million, a PE ratio of 15.96 and a beta of 0.61. Innovator U.S. Small Cap Managed Floor ETF has a 1 year low of $26.70 and a 1 year high of $35.17.

Innovator U.S. Small Cap Managed Floor ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th were given a $0.0657 dividend. This is an increase from Innovator U.S. Small Cap Managed Floor ETF’s previous quarterly dividend of $0.0477. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Wednesday, September 30th.

Innovator U.S. Small Cap Managed Floor ETF Company Profile

The Innovator U.S. Small Cap Managed Floor ETF (RFLR) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims to participate in 70% of upside appreciation of US small-cap stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered three-month expiration dates to target a maximum loss of approximately 8-12% on a rolling 12-month basis. RFLR was launched on Sep 17, 2024 and is issued by Innovator.