LPL Financial LLC Buys 601,796 Shares of Innovator Equity Managed Floor ETF $SFLR

LPL Financial LLC lifted its stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 16.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,257,434 shares of the company’s stock after purchasing an additional 601,796 shares during the quarter. LPL Financial LLC owned 0.11% of Innovator Equity Managed Floor ETF worth $156,929,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jones Financial Companies Lllp raised its stake in shares of Innovator Equity Managed Floor ETF by 33.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,640 shares of the company’s stock valued at $59,000 after purchasing an additional 411 shares during the period. Private Trust Co. NA raised its stake in shares of Innovator Equity Managed Floor ETF by 23.2% during the 4th quarter. Private Trust Co. NA now owns 4,119 shares of the company’s stock valued at $152,000 after purchasing an additional 777 shares during the period. First Heartland Consultants Inc. bought a new stake in shares of Innovator Equity Managed Floor ETF during the 4th quarter valued at $209,000. Wealthcare Advisory Partners LLC bought a new stake in shares of Innovator Equity Managed Floor ETF during the 4th quarter valued at $218,000. Finally, Perigon Wealth Management LLC bought a new stake in shares of Innovator Equity Managed Floor ETF during the 4th quarter valued at $226,000.

Innovator Equity Managed Floor ETF Stock Performance

NYSEARCA:SFLR opened at $37.60 on Thursday. Innovator Equity Managed Floor ETF has a 52-week low of $32.74 and a 52-week high of $39.64. The firm has a market cap of $1.68 billion, a price-to-earnings ratio of 26.45 and a beta of 0.68. The business’s fifty day moving average is $37.31 and its 200 day moving average is $36.91.

Innovator Equity Managed Floor ETF 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.