Farther Finance Advisors LLC Increases Holdings in Innovator Nasdaq-100 Managed Floor ETF $QFLR

Farther Finance Advisors LLC raised its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 168.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 142,152 shares of the company’s stock after purchasing an additional 89,177 shares during the period. Farther Finance Advisors LLC owned 1.33% of Innovator Nasdaq-100 Managed Floor ETF worth $4,712,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of QFLR. TD Waterhouse Canada Inc. purchased a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the second quarter valued at approximately $44,000. Golden State Wealth Management LLC boosted its holdings in Innovator Nasdaq-100 Managed Floor ETF by 35.5% in the second quarter. Golden State Wealth Management LLC now owns 3,052 shares of the company’s stock valued at $91,000 after acquiring an additional 800 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new position in Innovator Nasdaq-100 Managed Floor ETF during the 2nd quarter valued at $226,000. Gateway Wealth Partners LLC increased its position in 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 purchasing an additional 2,309 shares during the period. Finally, Beacon Financial Advisory LLC raised its holdings in Innovator Nasdaq-100 Managed Floor ETF by 2.6% in the 2nd quarter. Beacon Financial Advisory LLC now owns 14,396 shares of the company’s stock worth $430,000 after purchasing an additional 363 shares in the last quarter.

Innovator Nasdaq-100 Managed Floor ETF Trading Up 0.2%

NYSEARCA:QFLR opened at $34.56 on Thursday. The company has a 50-day moving average price of $34.10 and a 200-day moving average price of $32.30. The stock has a market cap of $385.34 million, a price-to-earnings ratio of 32.95 and a beta of 0.76. Innovator Nasdaq-100 Managed Floor ETF has a 12 month low of $25.42 and a 12 month high of $35.30.

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. QFLR was launched on Jan 25, 2024 and is issued by Innovator.