Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) Shareholders to Receive $0.02 Quarterly Dividend

Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) announced a quarterly dividend on Tuesday, September 29th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.0195 per share on Friday, October 2nd. This represents a $0.08 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a 13.9% decrease from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227.

Innovator Equity Managed Floor ETF Stock Down 0.1%

NYSEARCA:SFLR opened at $39.07 on Wednesday. The stock has a market cap of $2.20 billion, a P/E ratio of 26.45 and a beta of 0.69. The business’s 50-day moving average price is $38.86 and its two-hundred day moving average price is $37.95. Innovator Equity Managed Floor ETF has a twelve month low of $34.69 and a twelve month high of $40.12.

Hedge Funds Weigh In On Innovator Equity Managed Floor ETF

A number of institutional investors have recently made changes to their positions in SFLR. Wetzel Investment Advisors Inc. grew its position in 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 acquiring an additional 52,953 shares in the last quarter. COFG Advisors LLC purchased a new stake in Innovator Equity Managed Floor ETF during the fourth quarter valued at about $4,899,000. LPL Financial LLC lifted its stake in Innovator Equity Managed Floor ETF by 16.5% during the fourth quarter. LPL Financial LLC now owns 4,257,434 shares of the company’s stock worth $156,929,000 after purchasing an additional 601,796 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Innovator Equity Managed Floor ETF by 125,258.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 81,483 shares of the company’s stock worth $3,003,000 after purchasing an additional 81,418 shares during the last quarter. Finally, Intrua Financial LLC purchased a new position in shares of Innovator Equity Managed Floor ETF in the 1st quarter worth about $3,675,000.

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.