Worth Financial Advisory Group LLC Increases Stock Position in Innovator Nasdaq-100 Managed Floor ETF $QFLR

Worth Financial Advisory Group LLC boosted its holdings in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 27.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,054 shares of the company’s stock after acquiring an additional 15,938 shares during the quarter. Innovator Nasdaq-100 Managed Floor ETF accounts for approximately 1.4% of Worth Financial Advisory Group LLC’s holdings, making the stock its 19th largest position. Worth Financial Advisory Group LLC owned approximately 0.70% of Innovator Nasdaq-100 Managed Floor ETF worth $2,488,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Thrivent Financial for Lutherans bought a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the second quarter worth approximately $2,045,000. Farther Finance Advisors LLC lifted its position in Innovator Nasdaq-100 Managed Floor ETF by 168.3% during the third quarter. Farther Finance Advisors LLC now owns 142,152 shares of the company’s stock valued at $4,712,000 after purchasing an additional 89,177 shares during the period. Stratos Wealth Partners LTD. purchased a new stake in Innovator Nasdaq-100 Managed Floor ETF in the second quarter worth approximately $226,000. AE Wealth Management LLC boosted its holdings in Innovator Nasdaq-100 Managed Floor ETF by 3.8% in the second quarter. AE Wealth Management LLC now owns 327,294 shares of the company’s stock worth $9,766,000 after purchasing an additional 12,082 shares during the last quarter. Finally, HFG Wealth Management LLC grew its position in Innovator Nasdaq-100 Managed Floor ETF by 6.3% in the 3rd quarter. HFG Wealth Management LLC now owns 423,263 shares of the company’s stock worth $14,031,000 after purchasing an additional 25,078 shares during the period.

Innovator Nasdaq-100 Managed Floor ETF Trading Up 0.6%

Shares of QFLR opened at $34.46 on Tuesday. The firm has a fifty day simple moving average of $34.21 and a two-hundred day simple moving average of $32.62. The firm has a market cap of $437.64 million, a PE ratio of 32.95 and a beta of 0.76. Innovator Nasdaq-100 Managed Floor ETF has a 1-year low of $25.42 and a 1-year high of $35.30.

Innovator Nasdaq-100 Managed Floor ETF Profile

The Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio representative of the NASDAQ-100, 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. QFLR was launched on Jan 25, 2024 and is issued by Innovator.