Kingsview Wealth Management LLC Has $69.54 Million Stock Holdings in Innovator Equity Managed Floor ETF $SFLR

Kingsview Wealth Management LLC grew its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 7.2% during the fourth quarter, Holdings Channel reports. The firm owned 1,886,697 shares of the company’s stock after acquiring an additional 126,292 shares during the quarter. Innovator Equity Managed Floor ETF comprises about 1.0% of Kingsview Wealth Management LLC’s holdings, making the stock its 16th largest position. Kingsview Wealth Management LLC’s holdings in Innovator Equity Managed Floor ETF were worth $69,544,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SFLR. Bank of America Corp DE increased its position in Innovator Equity Managed Floor ETF by 10,697.3% in the 3rd quarter. Bank of America Corp DE now owns 3,919,960 shares of the company’s stock valued at $141,236,000 after buying an additional 3,883,655 shares in the last quarter. Liberty Atlantic Advisors LLC bought a new stake in Innovator Equity Managed Floor ETF in the 4th quarter valued at about $20,483,000. Envestnet Asset Management Inc. increased its position in Innovator Equity Managed Floor ETF by 16.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 440,709 shares of the company’s stock valued at $15,879,000 after buying an additional 61,925 shares in the last quarter. Wetzel Investment Advisors Inc. increased its position in Innovator Equity Managed Floor ETF by 5.7% in the 4th quarter. Wetzel Investment Advisors Inc. now owns 436,484 shares of the company’s stock valued at $16,098,000 after buying an additional 23,507 shares in the last quarter. Finally, Brookstone Capital Management increased its position in Innovator Equity Managed Floor ETF by 158.2% in the 4th quarter. Brookstone Capital Management now owns 283,999 shares of the company’s stock valued at $10,468,000 after buying an additional 174,005 shares in the last quarter.

Innovator Equity Managed Floor ETF Price Performance

Shares of Innovator Equity Managed Floor ETF stock opened at $38.60 on Thursday. Innovator Equity Managed Floor ETF has a one year low of $32.15 and a one year high of $38.91. The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of 26.45 and a beta of 0.67. The business has a 50-day simple moving average of $36.71 and a 200 day simple moving average of $36.75.

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.