Vise Technologies Inc. Makes New Investment in Innovator Equity Managed Floor ETF $SFLR

Vise Technologies Inc. bought a new position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 33,003 shares of the company’s stock, valued at approximately $1,285,000.

Several other large investors also recently made changes to their positions in the business. Weaver Capital Management LLC acquired a new stake in shares of Innovator Equity Managed Floor ETF in the third quarter valued at $78,000. Royal Bank of Canada acquired a new position in Innovator Equity Managed Floor ETF during the 1st quarter worth about $104,000. Fifth Third Bancorp acquired a new position in Innovator Equity Managed Floor ETF during the 1st quarter worth about $137,000. First Heartland Consultants Inc. bought a new stake in Innovator Equity Managed Floor ETF during the 3rd quarter worth about $240,000. Finally, Financial Designs Corp bought a new stake in Innovator Equity Managed Floor ETF during the 3rd quarter worth about $262,000.

Innovator Equity Managed Floor ETF Trading Up 0.3%

SFLR opened at $37.92 on Friday. The stock has a market capitalization of $2.18 billion, a PE ratio of 26.45 and a beta of 0.69. Innovator Equity Managed Floor ETF has a 1-year low of $34.69 and a 1-year high of $40.41. The firm has a 50-day moving average price of $39.12 and a two-hundred day moving average price of $37.94.

Innovator Equity Managed Floor ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th were given a dividend of $0.0195 per share. The ex-dividend date was Wednesday, September 30th. This is a negative change from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.2%.

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.