Wetzel Investment Advisors Inc. lifted its holdings in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR – Free Report) by 12.1% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 489,437 shares of the company’s stock after acquiring an additional 52,953 shares during the period. Innovator Equity Managed Floor ETF makes up approximately 6.9% of Wetzel Investment Advisors Inc.’s investment portfolio, making the stock its 2nd largest holding. Wetzel Investment Advisors Inc.’s holdings in Innovator Equity Managed Floor ETF were worth $17,346,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Jane Street Group LLC boosted its stake in Innovator Equity Managed Floor ETF by 194.5% in the 1st quarter. Jane Street Group LLC now owns 21,193 shares of the company’s stock worth $665,000 after purchasing an additional 13,997 shares in the last quarter. NewEdge Advisors LLC increased its stake in Innovator Equity Managed Floor ETF by 93.3% during the 2nd quarter. NewEdge Advisors LLC now owns 278,721 shares of the company’s stock valued at $9,357,000 after purchasing an additional 134,521 shares in the last quarter. Quantinno Capital Management LP increased its stake in Innovator Equity Managed Floor ETF by 3.8% during the 2nd quarter. Quantinno Capital Management LP now owns 13,263 shares of the company’s stock valued at $445,000 after purchasing an additional 486 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Innovator Equity Managed Floor ETF during the 2nd quarter valued at approximately $2,524,000. Finally, Bank of America Corp DE purchased a new position in shares of Innovator Equity Managed Floor ETF in the second quarter worth $1,219,000.
Innovator Equity Managed Floor ETF Stock Performance
NYSEARCA:SFLR opened at $37.96 on Monday. Innovator Equity Managed Floor ETF has a 12 month low of $33.09 and a 12 month high of $40.12. The firm has a fifty day simple moving average of $37.87 and a 200-day simple moving average of $37.06. The company has a market capitalization of $1.69 billion, a P/E ratio of 26.45 and a beta of 0.68.
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.
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