Innovator Equity Managed Floor ETF $SFLR Shares Sold by Brookstone Capital Management

Brookstone Capital Management lessened its position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 7.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,843 shares of the company’s stock after selling 6,617 shares during the period. Brookstone Capital Management owned about 0.30% of Innovator Equity Managed Floor ETF worth $2,580,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of SFLR. Hazlett Burt & Watson Inc. raised its position in shares of Innovator Equity Managed Floor ETF by 236.8% in the first quarter. Hazlett Burt & Watson Inc. now owns 1,573 shares of the company’s stock valued at $50,000 after buying an additional 1,106 shares during the last quarter. IFP Advisors Inc acquired a new position in Innovator Equity Managed Floor ETF during the second quarter worth approximately $60,000. Axxcess Wealth Management LLC acquired a new position in Innovator Equity Managed Floor ETF during the second quarter worth approximately $204,000. Simplicity Wealth LLC acquired a new position in Innovator Equity Managed Floor ETF during the second quarter worth approximately $210,000. Finally, West Michigan Advisors LLC acquired a new position in Innovator Equity Managed Floor ETF during the first quarter worth approximately $232,000.

Innovator Equity Managed Floor ETF Stock Performance

Shares of SFLR stock opened at $36.50 on Friday. Innovator Equity Managed Floor ETF has a one year low of $29.14 and a one year high of $36.55. The company has a 50 day moving average price of $35.66 and a 200 day moving average price of $33.79. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 26.45 and a beta of -0.70.

Innovator Equity Managed Floor ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Tuesday, September 30th were given a dividend of $0.032 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.13 annualized dividend and a yield of 0.4%.

Innovator Equity Managed Floor ETF Company 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.