Innovator Equity Managed Floor ETF $SFLR Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its holdings in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 160.5% during the third quarter, HoldingsChannel.com reports. The fund owned 136,462 shares of the company’s stock after buying an additional 84,068 shares during the period. Farther Finance Advisors LLC’s holdings in Innovator Equity Managed Floor ETF were worth $4,917,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SFLR. TD Waterhouse Canada Inc. acquired a new stake in Innovator Equity Managed Floor ETF in the 2nd quarter valued at about $50,000. IFP Advisors Inc purchased a new stake in shares of Innovator Equity Managed Floor ETF in the second quarter valued at approximately $60,000. GPS Wealth Strategies Group LLC grew its position in shares of Innovator Equity Managed Floor ETF by 159.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 2,606 shares of the company’s stock valued at $87,000 after purchasing an additional 1,601 shares in the last quarter. Hazlett Burt & Watson Inc. increased its holdings in shares of Innovator Equity Managed Floor ETF by 240.1% in the second quarter. Hazlett Burt & Watson Inc. now owns 5,350 shares of the company’s stock valued at $179,000 after purchasing an additional 3,777 shares during the last quarter. Finally, Axxcess Wealth Management LLC purchased a new position in Innovator Equity Managed Floor ETF during the second quarter worth approximately $204,000.

Innovator Equity Managed Floor ETF Stock Performance

NYSEARCA SFLR opened at $37.10 on Thursday. The stock’s fifty day moving average is $36.54 and its two-hundred day moving average is $35.31. The firm has a market capitalization of $1.22 billion, a P/E ratio of 26.45 and a beta of 0.72. Innovator Equity Managed Floor ETF has a fifty-two week low of $29.14 and a fifty-two week high of $37.34.

Innovator Equity Managed Floor ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Tuesday, September 30th were given a dividend of $0.032 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.13 annualized dividend and a dividend yield of 0.3%.

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.