Envestnet Asset Management Inc. increased its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR – Free Report) by 25.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 221,564 shares of the company’s stock after purchasing an additional 45,500 shares during the period. Envestnet Asset Management Inc. owned 6.15% of Innovator Nasdaq-100 Managed Floor ETF worth $6,075,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Claro Advisors LLC raised its position in Innovator Nasdaq-100 Managed Floor ETF by 61.5% during the 2nd quarter. Claro Advisors LLC now owns 15,331 shares of the company’s stock worth $420,000 after buying an additional 5,836 shares during the last quarter. Commonwealth Equity Services LLC purchased a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the 2nd quarter worth approximately $19,482,000. Davies Financial Advisors Inc. purchased a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the 2nd quarter worth $2,653,000. Harbour Investments Inc. boosted its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 79.4% during the 2nd quarter. Harbour Investments Inc. now owns 29,297 shares of the company’s stock worth $803,000 after acquiring an additional 12,963 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its position in Innovator Nasdaq-100 Managed Floor ETF by 1,948.6% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 217,504 shares of the company’s stock worth $5,964,000 after purchasing an additional 206,887 shares in the last quarter.
Innovator Nasdaq-100 Managed Floor ETF Stock Up 0.0 %
QFLR opened at $27.47 on Monday. The business’s fifty day simple moving average is $26.86 and its 200 day simple moving average is $26.66. Innovator Nasdaq-100 Managed Floor ETF has a 52 week low of $24.65 and a 52 week high of $29.72. The firm has a market cap of $98.89 million, a P/E ratio of 31.75 and a beta of 1.00.
About Innovator Nasdaq-100 Managed Floor ETF
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.
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