COFG Advisors LLC Makes New Investment in Innovator Equity Managed Floor ETF $SFLR

COFG Advisors LLC bought a new position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 132,904 shares of the company’s stock, valued at approximately $4,899,000. Innovator Equity Managed Floor ETF comprises about 1.2% of COFG Advisors LLC’s investment portfolio, making the stock its 16th largest position. COFG Advisors LLC owned approximately 0.34% of Innovator Equity Managed Floor ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE grew its position in Innovator Equity Managed Floor ETF by 10,697.3% in the 3rd quarter. Bank of America Corp DE now owns 3,919,960 shares of the company’s stock worth $141,236,000 after purchasing an additional 3,883,655 shares during the last quarter. Kingsview Wealth Management LLC boosted its holdings in shares of Innovator Equity Managed Floor ETF by 7.2% in the fourth quarter. Kingsview Wealth Management LLC now owns 1,886,697 shares of the company’s stock valued at $69,544,000 after acquiring an additional 126,292 shares in the last quarter. Liberty Atlantic Advisors LLC bought a new position in shares of Innovator Equity Managed Floor ETF in the fourth quarter valued at approximately $20,483,000. Envestnet Asset Management Inc. boosted its holdings in shares of Innovator Equity Managed Floor ETF by 16.3% in the third quarter. Envestnet Asset Management Inc. now owns 440,709 shares of the company’s stock valued at $15,879,000 after acquiring an additional 61,925 shares in the last quarter. Finally, Wetzel Investment Advisors Inc. boosted its holdings in shares of Innovator Equity Managed Floor ETF by 5.7% in the fourth quarter. Wetzel Investment Advisors Inc. now owns 436,484 shares of the company’s stock valued at $16,098,000 after acquiring an additional 23,507 shares in the last quarter.

Innovator Equity Managed Floor ETF Price Performance

Innovator Equity Managed Floor ETF stock opened at $38.96 on Tuesday. The firm has a 50 day simple moving average of $36.88 and a 200-day simple moving average of $36.80. The stock has a market capitalization of $1.74 billion, a PE ratio of 26.45 and a beta of 0.67. Innovator Equity Managed Floor ETF has a 12-month low of $32.34 and a 12-month high of $39.64.

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.