Envestnet Asset Management Inc. Has $15.88 Million Position in Innovator Equity Managed Floor ETF $SFLR

Envestnet Asset Management Inc. boosted its position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 16.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 440,709 shares of the company’s stock after purchasing an additional 61,925 shares during the period. Envestnet Asset Management Inc.’s holdings in Innovator Equity Managed Floor ETF were worth $15,879,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Global Retirement Partners LLC lifted its holdings in shares of Innovator Equity Managed Floor ETF by 33.2% during the third quarter. Global Retirement Partners LLC now owns 156,511 shares of the company’s stock worth $5,639,000 after purchasing an additional 39,013 shares during the period. Beacon Financial Group grew its stake in shares of Innovator Equity Managed Floor ETF by 21.2% during the 3rd quarter. Beacon Financial Group now owns 116,946 shares of the company’s stock worth $4,214,000 after acquiring an additional 20,467 shares during the period. Concurrent Investment Advisors LLC raised its stake in shares of Innovator Equity Managed Floor ETF by 350.3% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 59,065 shares of the company’s stock valued at $2,128,000 after purchasing an additional 45,949 shares during the period. CWM LLC grew its position in shares of Innovator Equity Managed Floor ETF by 156.4% during the 3rd quarter. CWM LLC now owns 47,968 shares of the company’s stock valued at $1,728,000 after purchasing an additional 29,257 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in Innovator Equity Managed Floor ETF by 229.1% during the third quarter. Thrivent Financial for Lutherans now owns 120,593 shares of the company’s stock valued at $4,345,000 after purchasing an additional 83,949 shares during the last quarter.

Innovator Equity Managed Floor ETF Trading Down 0.2%

Shares of NYSEARCA SFLR opened at $36.50 on Monday. The stock’s 50-day moving average is $36.98 and its 200 day moving average is $36.21. Innovator Equity Managed Floor ETF has a 1-year low of $29.14 and a 1-year high of $37.55. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 26.45 and a beta of 0.72.

Innovator Equity Managed Floor ETF Cuts Dividend

The business also recently announced 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 was Wednesday, December 31st. This represents a $0.09 annualized dividend and a yield of 0.2%.

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.