Innovator Equity Managed Floor ETF to Issue Quarterly Dividend of $0.02 (NYSEARCA:SFLR)

Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) declared a quarterly dividend on Tuesday, December 30th. Stockholders of record on Wednesday, December 31st will be paid a dividend of 0.0221 per share on Friday, January 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Wednesday, December 31st.

Innovator Equity Managed Floor ETF Stock Performance

Shares of NYSEARCA:SFLR traded down $0.08 during midday trading on Wednesday, hitting $36.97. 18,383 shares of the company’s stock traded hands, compared to its average volume of 195,762. Innovator Equity Managed Floor ETF has a twelve month low of $29.14 and a twelve month high of $37.34. The firm’s fifty day moving average price is $36.61 and its two-hundred day moving average price is $35.45. The company has a market cap of $1.22 billion, a PE ratio of 26.45 and a beta of 0.72.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SFLR. GWN Securities Inc. lifted its stake in Innovator Equity Managed Floor ETF by 0.7% in the third quarter. GWN Securities Inc. now owns 51,155 shares of the company’s stock valued at $1,844,000 after purchasing an additional 333 shares during the last quarter. Jones Financial Companies Lllp lifted its position in Innovator Equity Managed Floor ETF by 33.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,640 shares of the company’s stock worth $59,000 after buying an additional 411 shares during the last quarter. CGN Advisors LLC raised its position in Innovator Equity Managed Floor ETF by 2.0% in the 3rd quarter. CGN Advisors LLC now owns 22,126 shares of the company’s stock worth $797,000 after purchasing an additional 425 shares during the period. Golden State Wealth Management LLC grew its position in Innovator Equity Managed Floor ETF by 4.1% during the 3rd quarter. Golden State Wealth Management LLC now owns 11,666 shares of the company’s stock worth $420,000 after acquiring an additional 458 shares during the last quarter. Finally, Lifeworks Advisors LLC boosted its position in Innovator Equity Managed Floor ETF by 1.5% during the 2nd quarter. Lifeworks Advisors LLC now owns 32,070 shares of the company’s stock valued at $1,077,000 after buying an additional 477 shares during the period.

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.