Envestnet Asset Management Inc. increased its holdings in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR – Free Report) by 5.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 256,358 shares of the company’s stock after acquiring an additional 12,166 shares during the period. Envestnet Asset Management Inc. owned approximately 7.12% of Innovator Nasdaq-100 Managed Floor ETF worth $7,496,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in QFLR. Jane Street Group LLC purchased a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the 3rd quarter worth approximately $705,000. Steward Partners Investment Advisory LLC lifted its stake in Innovator Nasdaq-100 Managed Floor ETF by 35.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 14,061 shares of the company’s stock worth $411,000 after purchasing an additional 3,705 shares in the last quarter. Worth Financial Advisory Group LLC boosted its position in shares of Innovator Nasdaq-100 Managed Floor ETF by 118.2% during the fourth quarter. Worth Financial Advisory Group LLC now owns 34,951 shares of the company’s stock worth $1,022,000 after buying an additional 18,931 shares during the period. Perennial Investment Advisors LLC acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the fourth quarter valued at $234,000. Finally, Ameritas Advisory Services LLC raised its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF by 147.0% in the 4th quarter. Ameritas Advisory Services LLC now owns 33,897 shares of the company’s stock valued at $991,000 after buying an additional 20,172 shares during the period.
Innovator Nasdaq-100 Managed Floor ETF Trading Down 0.4 %
QFLR opened at $26.61 on Monday. The stock’s 50-day moving average price is $27.79 and its 200 day moving average price is $28.52. Innovator Nasdaq-100 Managed Floor ETF has a 12-month low of $24.82 and a 12-month high of $31.00. The firm has a market cap of $263.44 million, a price-to-earnings ratio of 30.48 and a beta of 1.00.
Innovator Nasdaq-100 Managed Floor ETF Announces Dividend
Innovator Nasdaq-100 Managed Floor ETF 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.
See Also
- Five stocks we like better than Innovator Nasdaq-100 Managed Floor ETF
- How to Most Effectively Use the MarketBeat Earnings Screener
- With a 60%+ Upside, There’s Plenty to Love About Lovesac
- Energy and Oil Stocks Explained
- J.B. Hunt Transport Overcorrects Into a Buying Opportunity
- How to Buy Cheap Stocks Step by Step
- AppLovin: Can Record Profits Overcome Market Skepticism?
Want to see what other hedge funds are holding QFLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR – Free Report).
Receive News & Ratings for Innovator Nasdaq-100 Managed Floor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innovator Nasdaq-100 Managed Floor ETF and related companies with MarketBeat.com's FREE daily email newsletter.