Innovator Equity Managed Floor ETF $SFLR Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC reduced its stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 1.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,808,922 shares of the company’s stock after selling 30,968 shares during the quarter. Commonwealth Equity Services LLC owned 5.58% of Innovator Equity Managed Floor ETF worth $65,175,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SFLR. TD Waterhouse Canada Inc. acquired a new stake in Innovator Equity Managed Floor ETF in the second quarter valued at approximately $50,000. IFP Advisors Inc acquired a new stake in Innovator Equity Managed Floor ETF during the 2nd quarter valued at $60,000. GPS Wealth Strategies Group LLC increased its stake in Innovator Equity Managed Floor ETF by 159.3% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 2,606 shares of the company’s stock worth $87,000 after buying an additional 1,601 shares during the period. Private Trust Co. NA lifted its holdings in Innovator Equity Managed Floor ETF by 1,106.5% in the 3rd quarter. Private Trust Co. NA now owns 3,342 shares of the company’s stock worth $120,000 after buying an additional 3,065 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. boosted its position in Innovator Equity Managed Floor ETF by 240.1% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 5,350 shares of the company’s stock valued at $179,000 after buying an additional 3,777 shares during the last quarter.

Innovator Equity Managed Floor ETF Stock Performance

Shares of NYSEARCA SFLR opened at $37.18 on Tuesday. Innovator Equity Managed Floor ETF has a 1 year low of $29.14 and a 1 year high of $37.46. The stock’s 50-day simple moving average is $36.66 and its 200-day simple moving average is $35.56. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of 26.45 and a beta of 0.72.

Innovator Equity Managed Floor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 31st were given a $0.0221 dividend. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, December 31st.

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. SFLR was launched on Nov 8, 2022 and is managed by Innovator.