KFG Wealth Management LLC Acquires 14,345 Shares of Innovator Equity Managed Floor ETF $SFLR

KFG Wealth Management LLC grew its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 132.9% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,140 shares of the company’s stock after buying an additional 14,345 shares during the period. KFG Wealth Management LLC’s holdings in Innovator Equity Managed Floor ETF were worth $970,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Gilpin Wealth Management LLC bought a new position in shares of Innovator Equity Managed Floor ETF in the 4th quarter valued at about $91,000. Physician Wealth Advisors Inc. bought a new stake in Innovator Equity Managed Floor ETF during the first quarter worth approximately $96,000. Royal Bank of Canada purchased a new stake in Innovator Equity Managed Floor ETF during the first quarter valued at approximately $104,000. Fifth Third Bancorp purchased a new stake in Innovator Equity Managed Floor ETF during the first quarter valued at approximately $137,000. Finally, Sound Income Strategies LLC purchased a new stake in Innovator Equity Managed Floor ETF during the first quarter valued at approximately $146,000.

Innovator Equity Managed Floor ETF Price Performance

NYSEARCA:SFLR opened at $38.86 on Thursday. The firm has a market capitalization of $2.15 billion, a price-to-earnings ratio of 26.45 and a beta of 0.69. The business has a 50 day simple moving average of $38.69 and a 200-day simple moving average of $37.64. Innovator Equity Managed Floor ETF has a 1 year low of $34.69 and a 1 year high of $40.12.

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.