Innovator Equity Managed Floor ETF $SFLR Shares Newly Purchased by Ifrah Financial Services Inc.

Ifrah Financial Services Inc. bought a new position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 23,070 shares of the company’s stock, valued at approximately $899,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Gilpin Wealth Management LLC raised its holdings in shares of Innovator Equity Managed Floor ETF by 5.6% in the 3rd quarter. Gilpin Wealth Management LLC now owns 7,495 shares of the company’s stock worth $292,000 after acquiring an additional 400 shares during the last quarter. ATX Financial Planning LLC lifted its position in Innovator Equity Managed Floor ETF by 0.3% in the 1st quarter. ATX Financial Planning LLC now owns 206,074 shares of the company’s stock valued at $7,297,000 after acquiring an additional 548 shares in the last quarter. Castleview Partners LLC lifted its position in Innovator Equity Managed Floor ETF by 2.3% in the 3rd quarter. Castleview Partners LLC now owns 25,635 shares of the company’s stock valued at $998,000 after acquiring an additional 584 shares in the last quarter. Wealthgarden F.S. LLC boosted its stake in Innovator Equity Managed Floor ETF by 9.9% during the 1st quarter. Wealthgarden F.S. LLC now owns 11,505 shares of the company’s stock valued at $407,000 after purchasing an additional 1,037 shares during the last quarter. Finally, Physician Wealth Advisors Inc. acquired a new position in Innovator Equity Managed Floor ETF during the 1st quarter valued at about $96,000.

Innovator Equity Managed Floor ETF Stock Performance

SFLR stock opened at $39.64 on Wednesday. The business has a 50-day simple moving average of $39.09 and a two-hundred day simple moving average of $38.21. The company has a market capitalization of $2.27 billion, a P/E ratio of 26.45 and a beta of 0.69. Innovator Equity Managed Floor ETF has a 52-week low of $34.69 and a 52-week high of $40.41.

Innovator Equity Managed Floor ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th were issued a $0.0195 dividend. This is a drop from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Wednesday, September 30th.

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.