COFG Advisors LLC Buys Shares of 772,480 Innovator Nasdaq-100 Managed Floor ETF $QFLR

COFG Advisors LLC bought a new stake in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 772,480 shares of the company’s stock, valued at approximately $26,481,000. Innovator Nasdaq-100 Managed Floor ETF makes up approximately 6.5% of COFG Advisors LLC’s holdings, making the stock its 2nd largest holding. COFG Advisors LLC owned approximately 5.72% of Innovator Nasdaq-100 Managed Floor ETF at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. NewCorp Financial Services Inc. purchased a new position in Innovator Nasdaq-100 Managed Floor ETF in the fourth quarter valued at about $245,000. Rothschild Wealth LLC increased its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 44.2% during the 4th quarter. Rothschild Wealth LLC now owns 58,964 shares of the company’s stock worth $2,021,000 after purchasing an additional 18,074 shares in the last quarter. Kingsview Wealth Management LLC purchased a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter worth approximately $532,000. Harbour Investments Inc. increased its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 3.9% during the 4th quarter. Harbour Investments Inc. now owns 101,207 shares of the company’s stock worth $3,469,000 after purchasing an additional 3,808 shares in the last quarter. Finally, Clearstead Advisors LLC increased its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 13.9% during the 4th quarter. Clearstead Advisors LLC now owns 131,118 shares of the company’s stock worth $4,495,000 after purchasing an additional 15,985 shares in the last quarter.

Innovator Nasdaq-100 Managed Floor ETF Price Performance

Shares of QFLR opened at $36.60 on Tuesday. The firm has a 50 day simple moving average of $34.89 and a 200-day simple moving average of $34.57. Innovator Nasdaq-100 Managed Floor ETF has a 1-year low of $28.43 and a 1-year high of $36.95. The stock has a market cap of $525.21 million, a price-to-earnings ratio of 32.95 and a beta of 0.72.

Innovator Nasdaq-100 Managed Floor ETF Profile

The Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio representative of the NASDAQ-100, 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. QFLR was launched on Jan 25, 2024 and is issued by Innovator.