COFG Advisors LLC Takes $26.48 Million Position in Innovator Nasdaq-100 Managed Floor ETF $QFLR

COFG Advisors LLC bought a new stake in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) during the fourth quarter, HoldingsChannel.com reports. The fund bought 772,480 shares of the company’s stock, valued at approximately $26,481,000. Innovator Nasdaq-100 Managed Floor ETF comprises 6.5% of COFG Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. COFG Advisors LLC owned approximately 0.06% of Innovator Nasdaq-100 Managed Floor ETF at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Liberty Atlantic Advisors LLC purchased a new position in shares of Innovator Nasdaq-100 Managed Floor ETF in the 4th quarter valued at $13,093,000. AE Wealth Management LLC raised its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 3.0% in the 4th quarter. AE Wealth Management LLC now owns 355,757 shares of the company’s stock valued at $12,195,000 after acquiring an additional 10,486 shares during the period. Simplicity Wealth LLC raised its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 4.9% in the 4th quarter. Simplicity Wealth LLC now owns 256,224 shares of the company’s stock valued at $8,783,000 after acquiring an additional 11,863 shares during the period. Chicago Partners Investment Group LLC raised its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 14.0% in the 4th quarter. Chicago Partners Investment Group LLC now owns 242,412 shares of the company’s stock valued at $8,446,000 after acquiring an additional 29,831 shares during the period. Finally, Pinnacle Wealth Management Group Inc. increased its stake in Innovator Nasdaq-100 Managed Floor ETF by 1.8% during the 4th quarter. Pinnacle Wealth Management Group Inc. now owns 198,332 shares of the company’s stock worth $6,799,000 after buying an additional 3,576 shares during the period.

Innovator Nasdaq-100 Managed Floor ETF Price Performance

Innovator Nasdaq-100 Managed Floor ETF stock opened at $36.60 on Tuesday. Innovator Nasdaq-100 Managed Floor ETF has a 12-month low of $28.43 and a 12-month high of $36.95. The company has a market capitalization of $525.21 million, a price-to-earnings ratio of 32.95 and a beta of 0.72. The firm’s fifty day moving average price is $34.89 and its 200 day moving average price is $34.57.

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.