Thrivent Financial for Lutherans Boosts Stock Position in Innovator Equity Managed Floor ETF $SFLR

Thrivent Financial for Lutherans lifted its position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 76.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 212,824 shares of the company’s stock after buying an additional 92,231 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Innovator Equity Managed Floor ETF were worth $7,873,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of SFLR. Jones Financial Companies Lllp increased its holdings in Innovator Equity Managed Floor ETF by 33.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,640 shares of the company’s stock worth $59,000 after purchasing an additional 411 shares during the period. Private Trust Co. NA increased its holdings in Innovator Equity Managed Floor ETF by 23.2% during the 4th quarter. Private Trust Co. NA now owns 4,119 shares of the company’s stock worth $152,000 after purchasing an additional 777 shares during the period. First Heartland Consultants Inc. purchased a new stake in Innovator Equity Managed Floor ETF during the 4th quarter worth about $209,000. Wealthcare Advisory Partners LLC purchased a new stake in Innovator Equity Managed Floor ETF during the 4th quarter worth about $218,000. Finally, Visionary Wealth Advisors purchased a new stake in Innovator Equity Managed Floor ETF during the 2nd quarter worth about $220,000.

Innovator Equity Managed Floor ETF Price Performance

Shares of NYSEARCA SFLR opened at $38.09 on Thursday. The stock’s 50-day moving average is $36.50 and its two-hundred day moving average is $36.69. Innovator Equity Managed Floor ETF has a 1-year low of $31.82 and a 1-year high of $38.32. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 26.45 and a beta of 0.67.

About Innovator Equity Managed Floor ETF

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.