Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) Declares Quarterly Dividend of $0.02

Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) declared a quarterly dividend on Tuesday, September 29th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.0195 per share on Friday, October 2nd. This represents a $0.08 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a 13.9% decrease from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227.

Innovator Equity Managed Floor ETF Price Performance

SFLR opened at $39.07 on Wednesday. Innovator Equity Managed Floor ETF has a 12 month low of $34.69 and a 12 month high of $40.12. The stock has a market capitalization of $2.20 billion, a P/E ratio of 26.45 and a beta of 0.69. The business has a 50 day simple moving average of $38.86 and a 200-day simple moving average of $37.95.

Hedge Funds Weigh In On Innovator Equity Managed Floor ETF

Several institutional investors have recently added to or reduced their stakes in SFLR. Bank of America Corp DE increased its position in Innovator Equity Managed Floor ETF by 1.2% during the 1st quarter. Bank of America Corp DE now owns 5,920,303 shares of the company’s stock worth $209,638,000 after purchasing an additional 71,504 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Innovator Equity Managed Floor ETF by 766.7% in the second quarter. Envestnet Asset Management Inc. now owns 4,914,894 shares of the company’s stock valued at $189,617,000 after purchasing an additional 4,347,835 shares during the period. LPL Financial LLC raised its position in Innovator Equity Managed Floor ETF by 16.5% in the fourth quarter. LPL Financial LLC now owns 4,257,434 shares of the company’s stock valued at $156,929,000 after purchasing an additional 601,796 shares during the period. Atticus Wealth Management LLC lifted its stake in shares of Innovator Equity Managed Floor ETF by 3,459.4% during the second quarter. Atticus Wealth Management LLC now owns 644,710 shares of the company’s stock worth $24,873,000 after purchasing an additional 626,597 shares in the last quarter. Finally, Wetzel Investment Advisors Inc. boosted its position in shares of Innovator Equity Managed Floor ETF by 12.1% in the first quarter. Wetzel Investment Advisors Inc. now owns 489,437 shares of the company’s stock worth $17,346,000 after buying an additional 52,953 shares during the period.

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.