LPL Financial LLC Acquires 281,628 Shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR)

LPL Financial LLC raised its stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 8.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,757,904 shares of the company’s stock after purchasing an additional 281,628 shares during the quarter. LPL Financial LLC owned approximately 15.43% of Innovator Equity Managed Floor ETF worth $117,961,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Smith Moore & CO. boosted its position in Innovator Equity Managed Floor ETF by 10.9% during the fourth quarter. Smith Moore & CO. now owns 8,350 shares of the company’s stock worth $273,000 after purchasing an additional 819 shares during the period. Kellett Wealth Advisors LLC raised its holdings in Innovator Equity Managed Floor ETF by 1.7% in the 1st quarter. Kellett Wealth Advisors LLC now owns 58,742 shares of the company’s stock valued at $1,844,000 after acquiring an additional 972 shares in the last quarter. Hazlett Burt & Watson Inc. lifted its position in Innovator Equity Managed Floor ETF by 236.8% during the first quarter. Hazlett Burt & Watson Inc. now owns 1,573 shares of the company’s stock worth $50,000 after purchasing an additional 1,106 shares during the period. Trek Financial LLC boosted its position in shares of Innovator Equity Managed Floor ETF by 1.5% during the 1st quarter. Trek Financial LLC now owns 136,788 shares of the company’s stock worth $4,294,000 after acquiring an additional 1,997 shares in the last quarter. Finally, CRA Financial Services LLC boosted its holdings in shares of Innovator Equity Managed Floor ETF by 20.2% in the 1st quarter. CRA Financial Services LLC now owns 13,605 shares of the company’s stock valued at $427,000 after purchasing an additional 2,290 shares in the last quarter.

Innovator Equity Managed Floor ETF Stock Performance

Shares of NYSEARCA:SFLR opened at $34.51 on Wednesday. The company has a fifty day moving average of $33.30 and a 200-day moving average of $32.52. Innovator Equity Managed Floor ETF has a 52-week low of $29.14 and a 52-week high of $34.75. The company has a market capitalization of $881.73 million, a PE ratio of 26.45 and a beta of -0.70.

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.