HBW Advisory Services LLC Reduces Holdings in Innovator Equity Managed Floor ETF $SFLR

HBW Advisory Services LLC reduced its position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 44.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,180 shares of the company’s stock after selling 15,209 shares during the period. HBW Advisory Services LLC’s holdings in Innovator Equity Managed Floor ETF were worth $679,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jane Street Group LLC lifted its holdings in Innovator Equity Managed Floor ETF by 194.5% in the 1st quarter. Jane Street Group LLC now owns 21,193 shares of the company’s stock worth $665,000 after buying an additional 13,997 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of Innovator Equity Managed Floor ETF by 93.3% in the second quarter. NewEdge Advisors LLC now owns 278,721 shares of the company’s stock worth $9,357,000 after acquiring an additional 134,521 shares in the last quarter. Quantinno Capital Management LP lifted its stake in shares of Innovator Equity Managed Floor ETF by 3.8% in the second quarter. Quantinno Capital Management LP now owns 13,263 shares of the company’s stock worth $445,000 after acquiring an additional 486 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Innovator Equity Managed Floor ETF in the second quarter worth about $2,524,000. Finally, Bank of America Corp DE acquired a new stake in Innovator Equity Managed Floor ETF during the 2nd quarter valued at approximately $1,219,000.

Innovator Equity Managed Floor ETF Stock Up 0.4%

SFLR stock opened at $38.86 on Wednesday. The stock’s 50 day moving average is $38.36 and its two-hundred day moving average is $37.22. Innovator Equity Managed Floor ETF has a 52-week low of $33.49 and a 52-week high of $40.12. The company has a market capitalization of $2.11 billion, a PE ratio of 26.45 and a beta of 0.69.

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.