Innovator Equity Managed Floor ETF $SFLR Shares Sold by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC reduced its stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 94.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 8,316 shares of the company’s stock after selling 144,323 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Innovator Equity Managed Floor ETF were worth $321,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Gilpin Wealth Management LLC acquired a new stake in Innovator Equity Managed Floor ETF during the fourth quarter worth about $91,000. Physician Wealth Advisors Inc. acquired a new stake in shares of Innovator Equity Managed Floor ETF during the 1st quarter worth approximately $96,000. Royal Bank of Canada acquired a new stake in shares of Innovator Equity Managed Floor ETF during the 1st quarter worth approximately $104,000. Fifth Third Bancorp purchased a new position in shares of Innovator Equity Managed Floor ETF during the 1st quarter valued at approximately $137,000. Finally, Sound Income Strategies LLC acquired a new position in shares of Innovator Equity Managed Floor ETF in the 1st quarter valued at $146,000.

Innovator Equity Managed Floor ETF Stock Performance

Shares of NYSEARCA SFLR opened at $39.37 on Monday. The company’s fifty day moving average price is $38.54 and its 200 day moving average price is $37.47. Innovator Equity Managed Floor ETF has a 1 year low of $34.46 and a 1 year high of $40.12. The company has a market capitalization of $2.17 billion, a PE ratio of 26.45 and a beta of 0.69.

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