NewCorp Financial Services Inc. bought a new stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR – Free Report) during the 4th quarter, Holdings Channel.com reports. The firm bought 196,175 shares of the company’s stock, valued at approximately $7,231,000. Innovator Equity Managed Floor ETF comprises approximately 6.4% of NewCorp Financial Services Inc.’s holdings, making the stock its 5th biggest position.
Other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp lifted its stake 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 valued at $59,000 after acquiring an additional 411 shares in the last quarter. Private Trust Co. NA lifted its stake in Innovator Equity Managed Floor ETF by 23.2% in the 4th quarter. Private Trust Co. NA now owns 4,119 shares of the company’s stock valued at $152,000 after acquiring an additional 777 shares in the last quarter. First Heartland Consultants Inc. bought a new stake in Innovator Equity Managed Floor ETF in the 4th quarter valued at approximately $209,000. Wealthcare Advisory Partners LLC bought a new stake in Innovator Equity Managed Floor ETF in the 4th quarter valued at approximately $218,000. Finally, Visionary Wealth Advisors bought a new stake in shares of Innovator Equity Managed Floor ETF during the 2nd quarter worth approximately $220,000.
Innovator Equity Managed Floor ETF Price Performance
Shares of Innovator Equity Managed Floor ETF stock opened at $38.88 on Monday. Innovator Equity Managed Floor ETF has a 12-month low of $32.15 and a 12-month high of $39.63. The stock has a market cap of $1.74 billion, a P/E ratio of 26.45 and a beta of 0.67. The business’s 50 day moving average is $36.82 and its 200-day moving average is $36.78.
About Innovator Equity Managed Floor ETF
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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Want to see what other hedge funds are holding SFLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Innovator Equity Managed Floor ETF (NYSEARCA:SFLR – Free Report).
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