87,330 Shares in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) Acquired by Concorde Asset Management LLC

Concorde Asset Management LLC bought a new stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 87,330 shares of the company’s stock, valued at approximately $2,851,000. Innovator Equity Managed Floor ETF accounts for about 1.5% of Concorde Asset Management LLC’s investment portfolio, making the stock its 18th biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its position in shares of Innovator Equity Managed Floor ETF by 16.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 224,485 shares of the company’s stock worth $7,329,000 after acquiring an additional 31,897 shares in the last quarter. Wedbush Securities Inc. bought a new stake in Innovator Equity Managed Floor ETF in the fourth quarter worth approximately $429,000. Perennial Investment Advisors LLC lifted its stake in Innovator Equity Managed Floor ETF by 173.6% in the fourth quarter. Perennial Investment Advisors LLC now owns 83,270 shares of the company’s stock valued at $2,719,000 after buying an additional 52,835 shares during the period. Smith Moore & CO. boosted its holdings in shares of Innovator Equity Managed Floor ETF by 10.9% during the 4th quarter. Smith Moore & CO. now owns 8,350 shares of the company’s stock worth $273,000 after buying an additional 819 shares in the last quarter. Finally, Worth Financial Advisory Group LLC grew its position in shares of Innovator Equity Managed Floor ETF by 216.8% during the 4th quarter. Worth Financial Advisory Group LLC now owns 108,254 shares of the company’s stock worth $3,534,000 after buying an additional 74,079 shares during the period.

Innovator Equity Managed Floor ETF Stock Down 0.9 %

NYSEARCA:SFLR opened at $30.61 on Friday. Innovator Equity Managed Floor ETF has a twelve month low of $28.54 and a twelve month high of $34.20. The company has a fifty day moving average of $32.14 and a 200-day moving average of $32.54. The firm has a market capitalization of $704.03 million, a P/E ratio of 25.52 and a beta of 0.72.

Innovator Equity Managed Floor ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 31st were paid a $0.0275 dividend. The ex-dividend date was Monday, March 31st.

Innovator Equity Managed Floor ETF 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.