Innovator Equity Managed Floor ETF $SFLR Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lessened its holdings in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 17.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 112,289 shares of the company’s stock after selling 23,917 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.35% of Innovator Equity Managed Floor ETF worth $4,060,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in SFLR. Global Retirement Partners LLC increased its position in shares of Innovator Equity Managed Floor ETF by 33.2% during the third quarter. Global Retirement Partners LLC now owns 156,511 shares of the company’s stock worth $5,639,000 after purchasing an additional 39,013 shares in the last quarter. Beacon Financial Group grew its stake in Innovator Equity Managed Floor ETF by 21.2% during the 3rd quarter. Beacon Financial Group now owns 116,946 shares of the company’s stock worth $4,214,000 after buying an additional 20,467 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in Innovator Equity Managed Floor ETF by 350.3% during the third quarter. Concurrent Investment Advisors LLC now owns 59,065 shares of the company’s stock worth $2,128,000 after buying an additional 45,949 shares during the period. CWM LLC lifted its stake in Innovator Equity Managed Floor ETF by 156.4% in the third quarter. CWM LLC now owns 47,968 shares of the company’s stock valued at $1,728,000 after buying an additional 29,257 shares during the last quarter. Finally, HFG Wealth Management LLC boosted its holdings in shares of Innovator Equity Managed Floor ETF by 11.7% in the third quarter. HFG Wealth Management LLC now owns 171,628 shares of the company’s stock valued at $5,762,000 after acquiring an additional 18,021 shares during the period.

Innovator Equity Managed Floor ETF Price Performance

Shares of Innovator Equity Managed Floor ETF stock opened at $37.13 on Tuesday. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 26.45 and a beta of 0.72. The firm’s fifty day simple moving average is $36.82 and its 200-day simple moving average is $35.94. Innovator Equity Managed Floor ETF has a 12 month low of $29.14 and a 12 month high of $37.47.

Innovator Equity Managed Floor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.0221 per share. The ex-dividend date was Wednesday, December 31st. This represents a $0.09 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.