Addison Capital Co Makes New Investment in Innovator Equity Managed Floor ETF $SFLR

Addison Capital Co purchased a new position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 32,388 shares of the company’s stock, valued at approximately $1,147,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Gilpin Wealth Management LLC purchased a new stake in Innovator Equity Managed Floor ETF during the fourth quarter worth about $91,000. Physician Wealth Advisors Inc. acquired a new position in Innovator Equity Managed Floor ETF during the first quarter worth $96,000. Sound Income Strategies LLC purchased a new stake in Innovator Equity Managed Floor ETF during the first quarter worth $146,000. Private Trust Co. NA grew its holdings in Innovator Equity Managed Floor ETF by 23.2% in the fourth quarter. Private Trust Co. NA now owns 4,119 shares of the company’s stock valued at $152,000 after purchasing an additional 777 shares during the last quarter. Finally, First Heartland Consultants Inc. purchased a new position in shares of Innovator Equity Managed Floor ETF in the fourth quarter valued at $209,000.

Innovator Equity Managed Floor ETF Stock Down 0.3%

NYSEARCA:SFLR opened at $38.71 on Wednesday. Innovator Equity Managed Floor ETF has a 52-week low of $33.49 and a 52-week high of $40.12. The stock has a fifty day simple moving average of $38.16 and a 200-day simple moving average of $37.15. The company has a market capitalization of $2.08 billion, a PE ratio of 26.45 and a beta of 0.69.

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.