Thrivent Financial for Lutherans Acquires New Shares in Innovator Nasdaq-100 Managed Floor ETF $QFLR

Thrivent Financial for Lutherans bought a new position in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 68,542 shares of the company’s stock, valued at approximately $2,045,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in QFLR. Beacon Financial Advisory LLC boosted its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 2.6% during the 2nd quarter. Beacon Financial Advisory LLC now owns 14,396 shares of the company’s stock worth $430,000 after acquiring an additional 363 shares in the last quarter. Golden State Wealth Management LLC boosted its position in Innovator Nasdaq-100 Managed Floor ETF by 35.5% during the second quarter. Golden State Wealth Management LLC now owns 3,052 shares of the company’s stock worth $91,000 after purchasing an additional 800 shares during the period. TD Waterhouse Canada Inc. acquired a new position in Innovator Nasdaq-100 Managed Floor ETF during the second quarter valued at approximately $44,000. Signal Advisors Wealth LLC raised its position in shares of Innovator Nasdaq-100 Managed Floor ETF by 13.1% in the second quarter. Signal Advisors Wealth LLC now owns 17,760 shares of the company’s stock valued at $530,000 after purchasing an additional 2,056 shares during the period. Finally, Gateway Wealth Partners LLC raised its position in shares of Innovator Nasdaq-100 Managed Floor ETF by 30.7% in the second quarter. Gateway Wealth Partners LLC now owns 9,835 shares of the company’s stock valued at $293,000 after purchasing an additional 2,309 shares during the period.

Innovator Nasdaq-100 Managed Floor ETF Trading Up 0.4%

Shares of Innovator Nasdaq-100 Managed Floor ETF stock opened at $34.50 on Wednesday. The firm has a fifty day simple moving average of $34.08 and a 200-day simple moving average of $32.29. The stock has a market capitalization of $384.68 million, a price-to-earnings ratio of 32.95 and a beta of 0.76. Innovator Nasdaq-100 Managed Floor ETF has a 1-year low of $25.42 and a 1-year high of $35.30.

Innovator Nasdaq-100 Managed Floor ETF Profile

The Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio representative of the NASDAQ-100, 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. QFLR was launched on Jan 25, 2024 and is issued by Innovator.