Innovator Equity Managed Floor ETF $SFLR Stock: Virtue Capital Management LLC Grows Position

Virtue Capital Management LLC raised its position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 407.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 122,043 shares of the company’s stock after purchasing an additional 98,012 shares during the period. Virtue Capital Management LLC owned about 0.21% of Innovator Equity Managed Floor ETF worth $4,754,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in SFLR. Envestnet Asset Management Inc. grew its position in shares of Innovator Equity Managed Floor ETF by 766.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,914,894 shares of the company’s stock worth $189,617,000 after buying an additional 4,347,835 shares in the last quarter. Brookstone Capital Management bought a new stake in shares of Innovator Equity Managed Floor ETF in the third quarter valued at about $31,427,000. Atticus Wealth Management LLC lifted its stake in Innovator Equity Managed Floor ETF by 3,459.4% in the second quarter. Atticus Wealth Management LLC now owns 644,710 shares of the company’s stock worth $24,873,000 after acquiring an additional 626,597 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in Innovator Equity Managed Floor ETF in the second quarter worth about $9,991,000. Finally, Americana Partners LLC grew its holdings in Innovator Equity Managed Floor ETF by 4.0% during the 3rd quarter. Americana Partners LLC now owns 3,611,414 shares of the company’s stock worth $140,665,000 after acquiring an additional 139,813 shares in the last quarter.

Innovator Equity Managed Floor ETF Price Performance

Shares of Innovator Equity Managed Floor ETF stock opened at $38.75 on Monday. The stock has a market cap of $2.23 billion, a price-to-earnings ratio of 26.45 and a beta of 0.69. The firm’s 50-day moving average is $39.16 and its two-hundred day moving average is $37.90. Innovator Equity Managed Floor ETF has a 1 year low of $34.69 and a 1 year high of $40.41.

Innovator Equity Managed Floor ETF Cuts Dividend

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

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.