Innovator Equity Managed Floor ETF $SFLR Shares Newly Purchased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC purchased a new position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 14,238 shares of the company’s stock, valued at approximately $555,000.

A number of other hedge funds have also recently added to or reduced their stakes in SFLR. Chicago Partners Investment Group LLC acquired a new position in shares of Innovator Equity Managed Floor ETF during the third quarter worth approximately $39,261,000. Virtue Capital Management LLC increased its holdings in shares of Innovator Equity Managed Floor ETF by 407.9% in the third quarter. Virtue Capital Management LLC now owns 122,043 shares of the company’s stock valued at $4,754,000 after purchasing an additional 98,012 shares in the last quarter. Vise Technologies Inc. acquired a new stake in shares of Innovator Equity Managed Floor ETF in the third quarter valued at approximately $1,285,000. Intrua Financial LLC raised its position in Innovator Equity Managed Floor ETF by 0.7% in the 3rd quarter. Intrua Financial LLC now owns 106,054 shares of the company’s stock worth $4,131,000 after purchasing an additional 704 shares during the last quarter. Finally, MGO One Seven LLC raised its position in Innovator Equity Managed Floor ETF by 2.0% in the 3rd quarter. MGO One Seven LLC now owns 20,540 shares of the company’s stock worth $800,000 after purchasing an additional 395 shares during the last quarter.

Innovator Equity Managed Floor ETF Price Performance

SFLR stock opened at $37.92 on Friday. The company has a 50 day moving average price of $39.12 and a 200 day moving average price of $37.94. Innovator Equity Managed Floor ETF has a fifty-two week low of $34.69 and a fifty-two week high of $40.41. The stock has a market capitalization of $2.18 billion, a PE ratio of 26.45 and a beta of 0.69.

Innovator Equity Managed Floor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th were paid a $0.0195 dividend. This is a decrease from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.08 annualized dividend and a dividend yield of 0.2%.

About Innovator Equity Managed Floor ETF

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.