Sigma Planning Corp purchased a new position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR – Free Report) in the third quarter, Holdings Channel.com reports. The firm purchased 26,356 shares of the company’s stock, valued at approximately $1,027,000.
Several other institutional investors and hedge funds have also made changes to their positions in SFLR. Envestnet Asset Management Inc. boosted its position in shares of Innovator Equity Managed Floor ETF by 766.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,914,894 shares of the company’s stock worth $189,617,000 after acquiring an additional 4,347,835 shares in the last quarter. Brookstone Capital Management acquired a new stake in shares of Innovator Equity Managed Floor ETF during the 3rd quarter worth about $31,427,000. Atticus Wealth Management LLC raised its position in shares of Innovator Equity Managed Floor ETF by 3,459.4% during the 2nd quarter. Atticus Wealth Management LLC now owns 644,710 shares of the company’s stock worth $24,873,000 after acquiring an additional 626,597 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in Innovator Equity Managed Floor ETF in the second quarter valued at approximately $9,991,000. Finally, Integrated Wealth Concepts LLC boosted its holdings in Innovator Equity Managed Floor ETF by 328.3% in the second quarter. Integrated Wealth Concepts LLC now owns 146,701 shares of the company’s stock valued at $5,660,000 after purchasing an additional 112,450 shares in the last quarter.
Innovator Equity Managed Floor ETF Stock Down 0.6%
Shares of SFLR opened at $39.46 on Friday. The company has a market capitalization of $2.27 billion, a price-to-earnings ratio of 26.45 and a beta of 0.69. Innovator Equity Managed Floor ETF has a 52-week low of $34.69 and a 52-week high of $40.41. The stock has a 50 day moving average price of $39.16 and a 200 day moving average price of $37.89.
Innovator Equity Managed Floor ETF Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th were given a dividend of $0.0195 per share. The ex-dividend date was Wednesday, September 30th. This represents a $0.08 annualized dividend and a dividend yield of 0.2%. This is a drop from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227.
Innovator Equity Managed Floor ETF Company 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.
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