Advisor Resource Council Raises Position in Innovator Equity Managed Floor ETF $SFLR

Advisor Resource Council increased its holdings in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 62.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 73,995 shares of the company’s stock after buying an additional 28,464 shares during the quarter. Innovator Equity Managed Floor ETF accounts for about 3.6% of Advisor Resource Council’s holdings, making the stock its 5th biggest holding. Advisor Resource Council owned approximately 0.22% of Innovator Equity Managed Floor ETF worth $2,666,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Evolution Wealth Management Inc. acquired a new position in Innovator Equity Managed Floor ETF during the second quarter worth about $13,221,000. Winnow Wealth LLC acquired a new stake in shares of Innovator Equity Managed Floor ETF in the 3rd quarter valued at approximately $9,352,000. NewEdge Advisors LLC grew its holdings in shares of Innovator Equity Managed Floor ETF by 93.3% during the 2nd quarter. NewEdge Advisors LLC now owns 278,721 shares of the company’s stock valued at $9,357,000 after purchasing an additional 134,521 shares during the last quarter. Siligmueller & Norvid Wealth Advisors LLC bought a new stake in shares of Innovator Equity Managed Floor ETF during the 3rd quarter valued at approximately $4,721,000. Finally, Pallas Capital Advisors LLC increased its position in Innovator Equity Managed Floor ETF by 96.1% during the 3rd quarter. Pallas Capital Advisors LLC now owns 252,727 shares of the company’s stock worth $9,106,000 after purchasing an additional 123,833 shares in the last quarter.

Innovator Equity Managed Floor ETF Price Performance

Shares of NYSEARCA:SFLR opened at $36.39 on Monday. The company has a market cap of $1.40 billion, a price-to-earnings ratio of 26.45 and a beta of 0.72. The firm has a 50 day simple moving average of $36.95 and a 200 day simple moving average of $36.43. Innovator Equity Managed Floor ETF has a one year low of $29.14 and a one year high of $37.79.

Innovator Equity Managed Floor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 31st were issued a $0.0221 dividend. This represents a $0.09 dividend on an annualized basis and a 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.