Innovator Equity Managed Floor ETF $SFLR Shares Sold by Evolution Wealth Management Inc.

Evolution Wealth Management Inc. lowered its stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 36.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 248,418 shares of the company’s stock after selling 145,419 shares during the quarter. Innovator Equity Managed Floor ETF makes up 9.2% of Evolution Wealth Management Inc.’s investment portfolio, making the stock its largest holding. Evolution Wealth Management Inc. owned about 0.77% of Innovator Equity Managed Floor ETF worth $8,950,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of SFLR. CGN Advisors LLC lifted its stake in Innovator Equity Managed Floor ETF by 2.0% during the third quarter. CGN Advisors LLC now owns 22,126 shares of the company’s stock valued at $797,000 after buying an additional 425 shares in the last quarter. Lifeworks Advisors LLC lifted its position in shares of Innovator Equity Managed Floor ETF by 1.5% in the 2nd quarter. Lifeworks Advisors LLC now owns 32,070 shares of the company’s stock valued at $1,077,000 after acquiring an additional 477 shares in the last quarter. Quantinno Capital Management LP boosted its stake in Innovator Equity Managed Floor ETF by 3.8% in the 2nd quarter. Quantinno Capital Management LP now owns 13,263 shares of the company’s stock worth $445,000 after purchasing an additional 486 shares during the period. Freedom Investment Management Inc. grew its position in Innovator Equity Managed Floor ETF by 1.9% during the 2nd quarter. Freedom Investment Management Inc. now owns 34,554 shares of the company’s stock worth $1,160,000 after purchasing an additional 651 shares in the last quarter. Finally, Occidental Asset Management LLC grew its position in Innovator Equity Managed Floor ETF by 8.9% during the 2nd quarter. Occidental Asset Management LLC now owns 8,525 shares of the company’s stock worth $286,000 after purchasing an additional 700 shares in the last quarter.

Innovator Equity Managed Floor ETF Price Performance

SFLR opened at $37.23 on Friday. The firm has a market capitalization of $1.35 billion, a P/E ratio of 26.45 and a beta of 0.72. The stock has a fifty day moving average of $36.69 and a 200-day moving average of $35.61. Innovator Equity Managed Floor ETF has a 12-month low of $29.14 and a 12-month high of $37.46.

Innovator Equity Managed Floor ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Wednesday, December 31st were given a dividend of $0.0221 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.09 dividend on an annualized basis and a yield of 0.2%.

About Innovator Equity Managed Floor ETF

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.