Innovator Equity Managed Floor ETF $SFLR Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC decreased its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 20.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 338,160 shares of the company’s stock after selling 86,642 shares during the quarter. HighTower Advisors LLC owned about 1.03% of Innovator Equity Managed Floor ETF worth $12,184,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Stratos Wealth Partners LTD. grew its stake in shares of Innovator Equity Managed Floor ETF by 3.6% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 107,567 shares of the company’s stock worth $3,876,000 after purchasing an additional 3,775 shares during the period. Authentikos Wealth Advisory LLC boosted its holdings in Innovator Equity Managed Floor ETF by 0.7% during the third quarter. Authentikos Wealth Advisory LLC now owns 216,424 shares of the company’s stock worth $7,798,000 after buying an additional 1,497 shares in the last quarter. Kraft Davis & Associates LLC grew its position in Innovator Equity Managed Floor ETF by 9.2% during the third quarter. Kraft Davis & Associates LLC now owns 45,416 shares of the company’s stock worth $1,646,000 after buying an additional 3,823 shares during the period. Flagship Harbor Advisors LLC grew its position in Innovator Equity Managed Floor ETF by 12.0% during the third quarter. Flagship Harbor Advisors LLC now owns 54,657 shares of the company’s stock worth $1,969,000 after buying an additional 5,877 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in Innovator Equity Managed Floor ETF by 16.3% in the third 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.

Innovator Equity Managed Floor ETF Trading Up 0.2%

SFLR stock opened at $36.83 on Friday. The firm has a 50 day moving average of $36.96 and a 200-day moving average of $36.27. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 26.45 and a beta of 0.72. Innovator Equity Managed Floor ETF has a 12-month low of $29.14 and a 12-month high of $37.55.

Innovator Equity Managed Floor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Wednesday, December 31st were issued a dividend of $0.0221 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.09 annualized dividend and a yield of 0.2%.

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.