Gateway Wealth Partners LLC Grows Stake in Innovator Equity Managed Floor ETF $SFLR

Gateway Wealth Partners LLC increased its position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 104.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 26,660 shares of the company’s stock after acquiring an additional 13,607 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Innovator Equity Managed Floor ETF were worth $944,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC grew its stake in shares of Innovator Equity Managed Floor ETF by 21.0% during the 4th quarter. Farther Finance Advisors LLC now owns 165,139 shares of the company’s stock valued at $6,087,000 after purchasing an additional 28,677 shares during the period. Signaturefd LLC bought a new position in shares of Innovator Equity Managed Floor ETF in the 4th quarter worth approximately $2,002,000. CCG Wealth Management LLC lifted its stake in shares of Innovator Equity Managed Floor ETF by 447.2% in the 4th quarter. CCG Wealth Management LLC now owns 45,912 shares of the company’s stock worth $1,692,000 after purchasing an additional 37,522 shares during the period. Wetzel Investment Advisors Inc. boosted its holdings in shares of Innovator Equity Managed Floor ETF by 12.1% in the first quarter. Wetzel Investment Advisors Inc. now owns 489,437 shares of the company’s stock worth $17,346,000 after buying an additional 52,953 shares during the last quarter. Finally, WorthPointe LLC boosted its holdings in shares of Innovator Equity Managed Floor ETF by 99.5% in the fourth quarter. WorthPointe LLC now owns 49,608 shares of the company’s stock worth $1,829,000 after buying an additional 24,738 shares during the last quarter.

Innovator Equity Managed Floor ETF Trading Down 1.0%

Shares of NYSEARCA SFLR opened at $37.80 on Thursday. Innovator Equity Managed Floor ETF has a 12-month low of $33.49 and a 12-month high of $40.12. The firm has a market capitalization of $2.09 billion, a price-to-earnings ratio of 26.45 and a beta of 0.69. The firm has a 50 day moving average of $38.48 and a 200 day moving average of $37.32.

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.