HBW Advisory Services LLC Takes $1.31 Million Position in Innovator Equity Managed Floor ETF $SFLR

HBW Advisory Services LLC purchased a new position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 36,467 shares of the company’s stock, valued at approximately $1,314,000. HBW Advisory Services LLC owned 0.11% of Innovator Equity Managed Floor ETF as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Commonwealth Equity Services LLC raised its position in shares of Innovator Equity Managed Floor ETF by 28.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,839,890 shares of the company’s stock worth $61,765,000 after acquiring an additional 404,231 shares in the last quarter. Evolution Wealth Management Inc. purchased a new stake in Innovator Equity Managed Floor ETF in the second quarter worth $13,221,000. Wetzel Investment Advisors Inc. grew its stake in Innovator Equity Managed Floor ETF by 163.1% in the second quarter. Wetzel Investment Advisors Inc. now owns 398,084 shares of the company’s stock worth $13,379,000 after purchasing an additional 246,764 shares during the period. Envestnet Asset Management Inc. raised its holdings in Innovator Equity Managed Floor ETF by 55.4% in the second quarter. Envestnet Asset Management Inc. now owns 378,784 shares of the company’s stock worth $12,692,000 after purchasing an additional 135,057 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in Innovator Equity Managed Floor ETF by 93.3% in the second quarter. NewEdge Advisors LLC now owns 278,721 shares of the company’s stock worth $9,357,000 after purchasing an additional 134,521 shares in the last quarter.

Innovator Equity Managed Floor ETF Price Performance

NYSEARCA:SFLR opened at $37.10 on Friday. The firm’s 50-day moving average price is $36.58 and its 200-day moving average price is $35.37. The company has a market capitalization of $1.22 billion, a PE ratio of 26.45 and a beta of 0.72. Innovator Equity Managed Floor ETF has a 1-year low of $29.14 and a 1-year high of $37.34.

Innovator Equity Managed Floor ETF Cuts Dividend

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

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.