Northwestern Mutual Wealth Management Co. Boosts Position in Innovator Equity Managed Floor ETF $SFLR

Northwestern Mutual Wealth Management Co. lifted its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 125,258.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 81,483 shares of the company’s stock after purchasing an additional 81,418 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Innovator Equity Managed Floor ETF were worth $3,003,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of SFLR. Jones Financial Companies Lllp lifted its position in shares of Innovator Equity Managed Floor ETF by 33.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,640 shares of the company’s stock valued at $59,000 after buying an additional 411 shares in the last quarter. Private Trust Co. NA grew its position in shares of Innovator Equity Managed Floor ETF by 23.2% during the fourth quarter. Private Trust Co. NA now owns 4,119 shares of the company’s stock valued at $152,000 after purchasing 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 worth approximately $209,000. Wealthcare Advisory Partners LLC bought a new stake in Innovator Equity Managed Floor ETF in the fourth quarter worth $218,000. Finally, Perigon Wealth Management LLC purchased a new stake in shares of Innovator Equity Managed Floor ETF during the 4th quarter valued at about $226,000.

Innovator Equity Managed Floor ETF Price Performance

NYSEARCA:SFLR opened at $39.11 on Friday. The firm has a market capitalization of $1.75 billion, a price-to-earnings ratio of 26.45 and a beta of 0.68. The business has a 50 day simple moving average of $37.08 and a 200-day simple moving average of $36.85. Innovator Equity Managed Floor ETF has a 1 year low of $32.49 and a 1 year high of $39.64.

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.