Brookstone Capital Management Buys 119,721 Shares of Innovator Equity Managed Floor ETF $SFLR

Brookstone Capital Management boosted its stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 42.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 403,720 shares of the company’s stock after acquiring an additional 119,721 shares during the quarter. Brookstone Capital Management’s holdings in Innovator Equity Managed Floor ETF were worth $14,296,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Jane Street Group LLC grew its holdings in shares of Innovator Equity Managed Floor ETF by 194.5% in the 1st quarter. Jane Street Group LLC now owns 21,193 shares of the company’s stock worth $665,000 after purchasing an additional 13,997 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Innovator Equity Managed Floor ETF by 93.3% during the 2nd quarter. NewEdge Advisors LLC now owns 278,721 shares of the company’s stock worth $9,357,000 after purchasing an additional 134,521 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in Innovator Equity Managed Floor ETF by 3.8% during the 2nd quarter. Quantinno Capital Management LP now owns 13,263 shares of the company’s stock valued at $445,000 after purchasing an additional 486 shares during the last quarter. Raymond James Financial Inc. bought a new position in Innovator Equity Managed Floor ETF during the 2nd quarter valued at about $2,524,000. Finally, Bank of America Corp DE bought a new position in Innovator Equity Managed Floor ETF during the 2nd quarter valued at about $1,219,000.

Innovator Equity Managed Floor ETF Stock Down 0.4%

NYSEARCA:SFLR opened at $38.47 on Tuesday. The firm has a market cap of $1.72 billion, a PE ratio of 26.45 and a beta of 0.68. Innovator Equity Managed Floor ETF has a 12 month low of $32.75 and a 12 month high of $40.12. The company’s 50-day moving average price is $37.74 and its two-hundred day moving average price is $37.02.

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. SFLR was launched on Nov 8, 2022 and is managed by Innovator.