Core Wealth Advisors Inc. Makes New Investment in Innovator Nasdaq-100 Managed Floor ETF $QFLR

Core Wealth Advisors Inc. bought a new position in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,787 shares of the company’s stock, valued at approximately $492,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the 3rd quarter valued at about $39,000. Sound Income Strategies LLC purchased a new stake in Innovator Nasdaq-100 Managed Floor ETF in the first quarter valued at approximately $45,000. Advisory Services Network LLC purchased a new stake in Innovator Nasdaq-100 Managed Floor ETF in the third quarter valued at approximately $133,000. Atticus Wealth Management LLC acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the fourth quarter valued at approximately $201,000. Finally, Truist Financial Corp acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the fourth quarter valued at approximately $201,000.

Innovator Nasdaq-100 Managed Floor ETF Trading Down 0.5%

Shares of QFLR opened at $34.36 on Wednesday. The company’s 50 day simple moving average is $35.84 and its 200-day simple moving average is $35.01. The firm has a market cap of $515.40 million, a PE ratio of 32.95 and a beta of 0.72. Innovator Nasdaq-100 Managed Floor ETF has a 12-month low of $30.46 and a 12-month high of $36.95.

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.