Farther Finance Advisors LLC Boosts Position in Innovator Nasdaq-100 Managed Floor ETF $QFLR

Farther Finance Advisors LLC boosted its position in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 168.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 142,152 shares of the company’s stock after purchasing an additional 89,177 shares during the period. Farther Finance Advisors LLC’s holdings in Innovator Nasdaq-100 Managed Floor ETF were worth $4,712,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Simplicity Wealth LLC increased its position in shares of Innovator Nasdaq-100 Managed Floor ETF by 1,286.6% during the 2nd quarter. Simplicity Wealth LLC now owns 431,012 shares of the company’s stock valued at $12,861,000 after purchasing an additional 399,927 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in Innovator Nasdaq-100 Managed Floor ETF during the second quarter valued at approximately $6,699,000. Thrivent Financial for Lutherans purchased a new stake in Innovator Nasdaq-100 Managed Floor ETF during the second quarter valued at approximately $2,045,000. Evolution Wealth Management Inc. bought a new position in Innovator Nasdaq-100 Managed Floor ETF in the second quarter worth approximately $1,668,000. Finally, Cetera Investment Advisers raised its position in Innovator Nasdaq-100 Managed Floor ETF by 32.1% in the second quarter. Cetera Investment Advisers now owns 161,789 shares of the company’s stock worth $4,828,000 after acquiring an additional 39,318 shares during the period.

Innovator Nasdaq-100 Managed Floor ETF Price Performance

Shares of QFLR stock opened at $34.56 on Thursday. Innovator Nasdaq-100 Managed Floor ETF has a 1 year low of $25.42 and a 1 year high of $35.30. The firm has a fifty day moving average price of $34.10 and a 200-day moving average price of $32.30. The company has a market cap of $385.34 million, a price-to-earnings ratio of 32.95 and a beta of 0.76.

About Innovator Nasdaq-100 Managed Floor ETF

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.