IMG Wealth Management Inc. Purchases New Position in Innovator Equity Managed Floor ETF $SFLR

IMG Wealth Management Inc. purchased a new stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) in the 4th quarter, HoldingsChannel reports. The fund purchased 18,699 shares of the company’s stock, valued at approximately $689,000.

Several other large investors have also recently added to or reduced their stakes in SFLR. Jones Financial Companies Lllp boosted its position in Innovator Equity Managed Floor ETF by 33.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,640 shares of the company’s stock valued at $59,000 after buying an additional 411 shares during the last quarter. Private Trust Co. NA boosted its position in Innovator Equity Managed Floor ETF by 23.2% in the 4th quarter. Private Trust Co. NA now owns 4,119 shares of the company’s stock valued at $152,000 after buying an additional 777 shares during the last quarter. First Heartland Consultants Inc. purchased a new position in Innovator Equity Managed Floor ETF in the 4th quarter valued at about $209,000. Wealthcare Advisory Partners LLC purchased a new position in Innovator Equity Managed Floor ETF in the 4th quarter valued at about $218,000. Finally, Perigon Wealth Management LLC purchased a new position in Innovator Equity Managed Floor ETF in the 4th quarter valued at about $226,000.

Innovator Equity Managed Floor ETF Price Performance

NYSEARCA:SFLR opened at $37.89 on Friday. The firm has a 50-day moving average of $36.42 and a two-hundred day moving average of $36.66. The stock has a market cap of $1.69 billion, a P/E ratio of 26.45 and a beta of 0.67. Innovator Equity Managed Floor ETF has a 1-year low of $31.82 and a 1-year high of $38.13.

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.