Collaborative Wealth Managment Inc. Takes Position in Innovator Equity Managed Floor ETF $SFLR

Collaborative Wealth Managment Inc. bought a new position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 57,575 shares of the company’s stock, valued at approximately $2,039,000. Innovator Equity Managed Floor ETF makes up about 0.9% of Collaborative Wealth Managment Inc.’s investment portfolio, making the stock its 22nd biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of SFLR. Gilpin Wealth Management LLC acquired a new stake in Innovator Equity Managed Floor ETF during the fourth quarter worth about $91,000. Physician Wealth Advisors Inc. bought a new position in Innovator Equity Managed Floor ETF in the 1st quarter valued at about $96,000. Fifth Third Bancorp acquired a new position in shares of Innovator Equity Managed Floor ETF in the 1st quarter valued at approximately $137,000. Sound Income Strategies LLC acquired a new position in shares of Innovator Equity Managed Floor ETF in the 1st quarter valued at approximately $146,000. Finally, Private Trust Co. NA raised its position in shares of Innovator Equity Managed Floor ETF by 23.2% in the 4th quarter. Private Trust Co. NA now owns 4,119 shares of the company’s stock valued at $152,000 after buying an additional 777 shares in the last quarter.

Innovator Equity Managed Floor ETF Trading Up 0.1%

Shares of Innovator Equity Managed Floor ETF stock opened at $38.88 on Thursday. The company has a market cap of $2.12 billion, a PE ratio of 26.45 and a beta of 0.69. The company has a 50 day moving average of $38.38 and a 200-day moving average of $37.23. Innovator Equity Managed Floor ETF has a 1-year low of $33.49 and a 1-year high of $40.12.

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.