Kestra Advisory Services LLC Reduces Position in Innovator Nasdaq-100 Managed Floor ETF $QFLR

Kestra Advisory Services LLC decreased its stake in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 67.0% during the first quarter, HoldingsChannel reports. The firm owned 154,929 shares of the company’s stock after selling 314,646 shares during the quarter. Kestra Advisory Services LLC’s holdings in Innovator Nasdaq-100 Managed Floor ETF were worth $5,159,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC lifted its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 40.2% during the fourth quarter. LPL Financial LLC now owns 1,278,138 shares of the company’s stock worth $43,815,000 after buying an additional 366,595 shares during the period. COFG Advisors LLC purchased a new position in Innovator Nasdaq-100 Managed Floor ETF in the 4th quarter worth $26,481,000. Commonwealth Equity Services LLC raised its stake in Innovator Nasdaq-100 Managed Floor ETF by 8.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 514,610 shares of the company’s stock worth $17,641,000 after acquiring an additional 39,621 shares during the last quarter. Liberty Atlantic Advisors LLC acquired a new stake in Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter worth about $13,093,000. Finally, AE Wealth Management LLC lifted its position in Innovator Nasdaq-100 Managed Floor ETF by 3.0% during the 4th quarter. AE Wealth Management LLC now owns 355,757 shares of the company’s stock worth $12,195,000 after acquiring an additional 10,486 shares during the period.

Innovator Nasdaq-100 Managed Floor ETF Stock Performance

Innovator Nasdaq-100 Managed Floor ETF stock opened at $35.98 on Thursday. The business’s 50-day simple moving average is $35.96 and its two-hundred day simple moving average is $34.97. The company has a market cap of $537.90 million, a PE ratio of 32.95 and a beta of 0.72. Innovator Nasdaq-100 Managed Floor ETF has a fifty-two week low of $30.12 and a fifty-two week high of $36.95.

Innovator Nasdaq-100 Managed Floor ETF Company Profile

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.