Beacon Financial Group Boosts Holdings in Innovator Equity Managed Floor ETF $SFLR

Beacon Financial Group boosted its holdings in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 21.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 116,946 shares of the company’s stock after acquiring an additional 20,467 shares during the period. Beacon Financial Group owned about 0.39% of Innovator Equity Managed Floor ETF worth $4,214,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Commonwealth Equity Services LLC raised its position in shares of Innovator Equity Managed Floor ETF by 28.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,839,890 shares of the company’s stock worth $61,765,000 after purchasing an additional 404,231 shares during the last quarter. Evolution Wealth Management Inc. purchased a new position in Innovator Equity Managed Floor ETF during the second quarter worth $13,221,000. Wetzel Investment Advisors Inc. raised its holdings in shares of Innovator Equity Managed Floor ETF by 163.1% in the second quarter. Wetzel Investment Advisors Inc. now owns 398,084 shares of the company’s stock worth $13,379,000 after acquiring an additional 246,764 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Innovator Equity Managed Floor ETF by 55.4% in the second quarter. Envestnet Asset Management Inc. now owns 378,784 shares of the company’s stock valued at $12,692,000 after acquiring an additional 135,057 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position 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 valued at $9,357,000 after acquiring an additional 134,521 shares in the last quarter.

Innovator Equity Managed Floor ETF Trading Down 1.0%

Innovator Equity Managed Floor ETF stock opened at $36.24 on Thursday. The stock has a market cap of $1.19 billion, a PE ratio of 26.45 and a beta of 0.72. The stock has a 50-day moving average price of $36.45 and a 200 day moving average price of $35.17. Innovator Equity Managed Floor ETF has a 52 week low of $29.14 and a 52 week high of $37.34.

Innovator Equity Managed Floor ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Tuesday, September 30th were given a $0.032 dividend. This represents a $0.13 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, September 30th.

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.