Sigma Planning Corp purchased a new stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR – Free Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 26,356 shares of the company’s stock, valued at approximately $1,027,000.
Several other hedge funds and other institutional investors have also made changes to their positions in SFLR. Weaver Capital Management LLC acquired a new position in shares of Innovator Equity Managed Floor ETF during the third quarter worth about $78,000. Physician Wealth Advisors Inc. purchased a new stake in shares of Innovator Equity Managed Floor ETF during the first quarter worth approximately $96,000. Royal Bank of Canada acquired a new stake in Innovator Equity Managed Floor ETF in the first quarter valued at approximately $104,000. Fifth Third Bancorp acquired a new stake in Innovator Equity Managed Floor ETF in the first quarter valued at approximately $137,000. Finally, Sound Income Strategies LLC acquired a new stake in Innovator Equity Managed Floor ETF in the first quarter valued at approximately $146,000.
Innovator Equity Managed Floor ETF Stock Down 0.6%
Shares of Innovator Equity Managed Floor ETF stock opened at $39.46 on Friday. Innovator Equity Managed Floor ETF has a 52-week low of $34.69 and a 52-week high of $40.41. The company has a market capitalization of $2.27 billion, a P/E ratio of 26.45 and a beta of 0.69. The company has a 50 day moving average of $39.16 and a 200 day moving average of $37.89.
Innovator Equity Managed Floor ETF Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th were issued a $0.0195 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Wednesday, September 30th. This is a negative change from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227.
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.
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