Thrivent Financial for Lutherans Makes New Investment in Innovator Nasdaq-100 Managed Floor ETF $QFLR

Thrivent Financial for Lutherans bought a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 68,542 shares of the company’s stock, valued at approximately $2,045,000. Thrivent Financial for Lutherans owned 0.70% of Innovator Nasdaq-100 Managed Floor ETF as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of QFLR. TD Waterhouse Canada Inc. purchased a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the second quarter worth $44,000. Golden State Wealth Management LLC increased its position in Innovator Nasdaq-100 Managed Floor ETF by 35.5% in the 2nd quarter. Golden State Wealth Management LLC now owns 3,052 shares of the company’s stock worth $91,000 after purchasing an additional 800 shares during the last quarter. Stratos Wealth Partners LTD. purchased a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the 2nd quarter worth about $226,000. Gateway Wealth Partners LLC lifted its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF by 30.7% during the 2nd quarter. Gateway Wealth Partners LLC now owns 9,835 shares of the company’s stock valued at $293,000 after buying an additional 2,309 shares during the last quarter. Finally, Beacon Financial Advisory LLC lifted its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF by 2.6% during the 2nd quarter. Beacon Financial Advisory LLC now owns 14,396 shares of the company’s stock valued at $430,000 after buying an additional 363 shares during the last quarter.

Innovator Nasdaq-100 Managed Floor ETF Stock Performance

NYSEARCA:QFLR opened at $34.50 on Wednesday. The company has a market capitalization of $384.68 million, a P/E ratio of 32.95 and a beta of 0.76. The stock’s 50 day moving average price is $34.08 and its 200 day moving average price is $32.29. Innovator Nasdaq-100 Managed Floor ETF has a 52 week low of $25.42 and a 52 week high of $35.30.

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.