Clearstead Advisors LLC Increases Holdings in Innovator Equity Managed Floor ETF $SFLR

Clearstead Advisors LLC increased its stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 108.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,398 shares of the company’s stock after buying an additional 13,222 shares during the quarter. Clearstead Advisors LLC owned about 0.07% of Innovator Equity Managed Floor ETF worth $936,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in SFLR. Jane Street Group LLC lifted its position in Innovator Equity Managed Floor ETF by 194.5% during the first quarter. Jane Street Group LLC now owns 21,193 shares of the company’s stock worth $665,000 after buying an additional 13,997 shares in the last quarter. NewEdge Advisors LLC lifted its position in Innovator Equity Managed Floor ETF by 93.3% during the second quarter. NewEdge Advisors LLC now owns 278,721 shares of the company’s stock worth $9,357,000 after buying an additional 134,521 shares in the last quarter. Quantinno Capital Management LP lifted its position in Innovator Equity Managed Floor ETF by 3.8% during the second quarter. Quantinno Capital Management LP now owns 13,263 shares of the company’s stock worth $445,000 after buying an additional 486 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Innovator Equity Managed Floor ETF during the second quarter worth approximately $2,524,000. Finally, Bank of America Corp DE purchased a new position in Innovator Equity Managed Floor ETF during the second quarter worth approximately $1,219,000.

Innovator Equity Managed Floor ETF Stock Performance

Shares of Innovator Equity Managed Floor ETF stock opened at $38.60 on Thursday. Innovator Equity Managed Floor ETF has a one year low of $32.15 and a one year high of $38.91. The company has a market cap of $1.72 billion, a price-to-earnings ratio of 26.45 and a beta of 0.67. The business’s 50 day moving average price is $36.71 and its 200 day moving average price is $36.75.

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.