AE Wealth Management LLC Boosts Stake in Innovator Equity Managed Floor ETF $SFLR

AE Wealth Management LLC boosted its stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 11.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 188,072 shares of the company’s stock after buying an additional 19,268 shares during the quarter. AE Wealth Management LLC owned 0.57% of Innovator Equity Managed Floor ETF worth $6,776,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. TD Waterhouse Canada Inc. acquired a new stake in shares of Innovator Equity Managed Floor ETF in the second quarter valued at $50,000. IFP Advisors Inc purchased a new position in Innovator Equity Managed Floor ETF during the 2nd quarter valued at about $60,000. GPS Wealth Strategies Group LLC grew its position in Innovator Equity Managed Floor ETF by 159.3% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 2,606 shares of the company’s stock valued at $87,000 after acquiring an additional 1,601 shares in the last quarter. Private Trust Co. NA grew its position in Innovator Equity Managed Floor ETF by 1,106.5% in the 3rd quarter. Private Trust Co. NA now owns 3,342 shares of the company’s stock valued at $120,000 after acquiring an additional 3,065 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. lifted its position in shares of Innovator Equity Managed Floor ETF by 240.1% during the second quarter. Hazlett Burt & Watson Inc. now owns 5,350 shares of the company’s stock worth $179,000 after purchasing an additional 3,777 shares in the last quarter.

Innovator Equity Managed Floor ETF Stock Down 0.1%

Shares of SFLR stock opened at $37.07 on Friday. The firm has a 50 day moving average of $36.93 and a two-hundred day moving average of $36.00. The stock has a market capitalization of $1.42 billion, a PE ratio of 26.45 and a beta of 0.72. Innovator Equity Managed Floor ETF has a 52 week low of $29.14 and a 52 week high of $37.54.

Innovator Equity Managed Floor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 31st were given a dividend of $0.0221 per share. This represents a $0.09 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, December 31st.

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.