Columbia Advisory Partners LLC Increases Stock Position in Innovator Equity Managed Floor ETF $SFLR

Columbia Advisory Partners LLC increased its position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 32.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 96,978 shares of the company’s stock after buying an additional 23,710 shares during the period. Innovator Equity Managed Floor ETF accounts for about 2.2% of Columbia Advisory Partners LLC’s holdings, making the stock its 11th largest holding. Columbia Advisory Partners LLC’s holdings in Innovator Equity Managed Floor ETF were worth $3,434,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Bank of America Corp DE boosted its holdings in Innovator Equity Managed Floor ETF by 10,697.3% in the third quarter. Bank of America Corp DE now owns 3,919,960 shares of the company’s stock valued at $141,236,000 after acquiring an additional 3,883,655 shares during the last quarter. LPL Financial LLC increased its stake in Innovator Equity Managed Floor ETF by 16.5% during the fourth quarter. LPL Financial LLC now owns 4,257,434 shares of the company’s stock worth $156,929,000 after acquiring an additional 601,796 shares during the last quarter. Liberty Atlantic Advisors LLC purchased a new position in shares of Innovator Equity Managed Floor ETF in the 4th quarter worth about $20,483,000. Advisory Services Network LLC raised its holdings in shares of Innovator Equity Managed Floor ETF by 2,450.4% in the 4th quarter. Advisory Services Network LLC now owns 273,117 shares of the company’s stock worth $10,067,000 after purchasing an additional 262,408 shares during the period. Finally, Americana Partners LLC acquired a new position in shares of Innovator Equity Managed Floor ETF in the 4th quarter valued at about $9,596,000.

Innovator Equity Managed Floor ETF Stock Performance

Shares of NYSEARCA:SFLR opened at $38.58 on Wednesday. The stock has a 50-day simple moving average of $37.95 and a 200-day simple moving average of $37.08. The stock has a market capitalization of $1.72 billion, a P/E ratio of 26.45 and a beta of 0.68. Innovator Equity Managed Floor ETF has a 1 year low of $33.09 and a 1 year high of $40.12.

About Innovator Equity Managed Floor ETF

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.