Innovator Equity Managed Floor ETF $SFLR Shares Newly Purchased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC bought a new stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) during the third quarter, HoldingsChannel reports. The institutional investor bought 14,238 shares of the company’s stock, valued at approximately $555,000.

Several other hedge funds also recently modified their holdings of the business. Weaver Capital Management LLC acquired a new stake in shares of Innovator Equity Managed Floor ETF during the 3rd quarter worth approximately $78,000. Royal Bank of Canada bought a new stake in shares of Innovator Equity Managed Floor ETF during the first quarter worth approximately $104,000. Fifth Third Bancorp acquired a new position in Innovator Equity Managed Floor ETF in the first quarter valued at approximately $137,000. First Heartland Consultants Inc. acquired a new position in Innovator Equity Managed Floor ETF in the third quarter valued at approximately $240,000. Finally, Financial Designs Corp acquired a new position in Innovator Equity Managed Floor ETF in the third quarter valued at approximately $262,000.

Innovator Equity Managed Floor ETF Stock Performance

Shares of SFLR stock opened at $37.92 on Friday. Innovator Equity Managed Floor ETF has a 52-week low of $34.69 and a 52-week high of $40.41. The stock has a market cap of $2.18 billion, a PE ratio of 26.45 and a beta of 0.69. The firm’s 50 day moving average price is $39.12 and its two-hundred day moving average price is $37.94.

Innovator Equity Managed Floor ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th were paid a $0.0195 dividend. This is a decrease from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.2%.

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.