Diligent Investors LLC Purchases New Shares in Innovator Nasdaq-100 Managed Floor ETF $QFLR

Diligent Investors LLC purchased a new position in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 74,120 shares of the company’s stock, valued at approximately $2,675,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its position in Innovator Nasdaq-100 Managed Floor ETF by 101.0% during the second quarter. Envestnet Asset Management Inc. now owns 588,306 shares of the company’s stock valued at $21,461,000 after buying an additional 295,679 shares during the period. Liberty Atlantic Advisors LLC increased its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 11.7% in the 3rd quarter. Liberty Atlantic Advisors LLC now owns 521,675 shares of the company’s stock worth $18,827,000 after acquiring an additional 54,691 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 20.0% in the 1st quarter. Cetera Investment Advisers now owns 313,317 shares of the company’s stock worth $10,433,000 after acquiring an additional 52,328 shares in the last quarter. Simplicity Wealth LLC lifted its position in Innovator Nasdaq-100 Managed Floor ETF by 9.3% during the 1st quarter. Simplicity Wealth LLC now owns 279,966 shares of the company’s stock valued at $9,323,000 after acquiring an additional 23,742 shares during the period. Finally, Farther Finance Advisors LLC lifted its position in Innovator Nasdaq-100 Managed Floor ETF by 0.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 194,307 shares of the company’s stock valued at $7,013,000 after acquiring an additional 1,706 shares during the period.

Innovator Nasdaq-100 Managed Floor ETF Price Performance

NYSEARCA:QFLR opened at $35.78 on Thursday. Innovator Nasdaq-100 Managed Floor ETF has a one year low of $32.38 and a one year high of $38.79. The company’s 50-day simple moving average is $35.64 and its 200 day simple moving average is $35.53. The firm has a market capitalization of $517.02 million, a P/E ratio of 32.95 and a beta of 0.72.

About Innovator Nasdaq-100 Managed Floor ETF

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.