Perennial Investment Advisors LLC Boosts Stock Holdings in Innovator Equity Managed Floor ETF $SFLR

Perennial Investment Advisors LLC grew its stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 14.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 140,588 shares of the company’s stock after buying an additional 17,500 shares during the quarter. Perennial Investment Advisors LLC’s holdings in Innovator Equity Managed Floor ETF were worth $5,065,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. TD Waterhouse Canada Inc. purchased a new stake in Innovator Equity Managed Floor ETF during the 2nd quarter valued at about $50,000. Jones Financial Companies Lllp lifted its position in Innovator Equity Managed Floor ETF by 33.4% in the third quarter. Jones Financial Companies Lllp now owns 1,640 shares of the company’s stock valued at $59,000 after purchasing an additional 411 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its position in Innovator Equity Managed Floor ETF by 159.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 2,606 shares of the company’s stock valued at $87,000 after purchasing an additional 1,601 shares during the last quarter. Private Trust Co. NA boosted its stake in shares of Innovator Equity Managed Floor ETF by 1,106.5% during the third quarter. Private Trust Co. NA now owns 3,342 shares of the company’s stock valued at $120,000 after purchasing an additional 3,065 shares during the period. Finally, Visionary Wealth Advisors bought a new position in shares of Innovator Equity Managed Floor ETF in the second quarter worth approximately $220,000.

Innovator Equity Managed Floor ETF Stock Down 0.4%

Shares of NYSEARCA SFLR opened at $36.70 on Friday. The firm’s fifty day moving average is $36.97 and its 200 day moving average is $36.40. Innovator Equity Managed Floor ETF has a 52 week low of $29.14 and a 52 week high of $37.79. The company has a market cap of $1.41 billion, a price-to-earnings ratio of 26.45 and a beta of 0.72.

Innovator Equity Managed Floor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 31st were given a $0.0221 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.09 dividend on an annualized basis and a dividend 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.