81,021 Shares in Innovator Nasdaq-100 Managed Floor ETF $QFLR Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) during the fourth quarter, HoldingsChannel reports. The fund acquired 81,021 shares of the company’s stock, valued at approximately $2,777,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Claro Advisors LLC increased its position in Innovator Nasdaq-100 Managed Floor ETF by 1.5% during the 3rd quarter. Claro Advisors LLC now owns 23,009 shares of the company’s stock valued at $763,000 after purchasing an additional 330 shares during the period. 4J Wealth Management LLC increased its position in Innovator Nasdaq-100 Managed Floor ETF by 1.6% during the 4th quarter. 4J Wealth Management LLC now owns 21,910 shares of the company’s stock valued at $751,000 after purchasing an additional 355 shares during the period. Capital Investment Advisory Services LLC increased its position in Innovator Nasdaq-100 Managed Floor ETF by 6.3% during the 4th quarter. Capital Investment Advisory Services LLC now owns 6,644 shares of the company’s stock valued at $228,000 after purchasing an additional 396 shares during the period. Navis Wealth Advisors LLC increased its position in Innovator Nasdaq-100 Managed Floor ETF by 3.2% during the 3rd quarter. Navis Wealth Advisors LLC now owns 15,357 shares of the company’s stock valued at $509,000 after purchasing an additional 469 shares during the period. Finally, Equitable Holdings Inc. increased its position in Innovator Nasdaq-100 Managed Floor ETF by 6.9% during the 3rd quarter. Equitable Holdings Inc. now owns 14,267 shares of the company’s stock valued at $473,000 after purchasing an additional 924 shares during the period.

Innovator Nasdaq-100 Managed Floor ETF Stock Performance

Shares of Innovator Nasdaq-100 Managed Floor ETF stock opened at $36.22 on Monday. Innovator Nasdaq-100 Managed Floor ETF has a 12-month low of $27.86 and a 12-month high of $36.90. The company has a market cap of $519.76 million, a P/E ratio of 32.95 and a beta of 0.72. The company’s fifty day simple moving average is $34.58 and its two-hundred day simple moving average is $34.47.

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.