Innovator Equity Managed Floor ETF $SFLR Shares Purchased by Wetzel Investment Advisors Inc.

Wetzel Investment Advisors Inc. raised its stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 2.7% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 648,515 shares of the company’s stock after buying an additional 17,331 shares during the quarter. Innovator Equity Managed Floor ETF makes up about 8.8% of Wetzel Investment Advisors Inc.’s investment portfolio, making the stock its 2nd largest holding. Wetzel Investment Advisors Inc. owned about 1.13% of Innovator Equity Managed Floor ETF worth $25,272,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its holdings in shares of Innovator Equity Managed Floor ETF by 1.2% during the first quarter. Bank of America Corp DE now owns 5,920,303 shares of the company’s stock valued at $209,638,000 after acquiring an additional 71,504 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Innovator Equity Managed Floor ETF by 766.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,914,894 shares of the company’s stock worth $189,617,000 after acquiring an additional 4,347,835 shares during the last quarter. Atticus Wealth Management LLC increased its holdings in shares of Innovator Equity Managed Floor ETF by 3,459.4% in the 2nd quarter. Atticus Wealth Management LLC now owns 644,710 shares of the company’s stock worth $24,873,000 after acquiring an additional 626,597 shares during the period. Brookstone Capital Management increased its holdings in shares of Innovator Equity Managed Floor ETF by 42.2% in the 1st quarter. Brookstone Capital Management now owns 403,720 shares of the company’s stock worth $14,296,000 after acquiring an additional 119,721 shares during the period. Finally, Cetera Investment Advisers increased its holdings in shares of Innovator Equity Managed Floor ETF by 33.6% in the 1st quarter. Cetera Investment Advisers now owns 382,879 shares of the company’s stock worth $13,558,000 after acquiring an additional 96,187 shares during the period.

Innovator Equity Managed Floor ETF Stock Down 0.3%

Shares of NYSEARCA:SFLR opened at $39.64 on Wednesday. The company has a market cap of $2.27 billion, a PE ratio of 26.45 and a beta of 0.69. The company’s 50-day moving average price is $39.09 and its 200 day moving average price is $38.21. Innovator Equity Managed Floor ETF has a fifty-two week low of $34.69 and a fifty-two week high of $40.41.

Innovator Equity Managed Floor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Wednesday, September 30th were given a $0.0195 dividend. This is a negative change from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227. The ex-dividend date was Wednesday, September 30th. This represents a $0.08 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.