Farther Finance Advisors LLC Has $6.09 Million Stake in Innovator Equity Managed Floor ETF $SFLR

Farther Finance Advisors LLC lifted its stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 21.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 165,139 shares of the company’s stock after acquiring an additional 28,677 shares during the period. Farther Finance Advisors LLC owned 0.43% of Innovator Equity Managed Floor ETF worth $6,087,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Jones Financial Companies Lllp boosted its position in Innovator Equity Managed Floor ETF by 33.4% during the third quarter. Jones Financial Companies Lllp now owns 1,640 shares of the company’s stock worth $59,000 after purchasing an additional 411 shares during the period. Private Trust Co. NA raised its position in shares of Innovator Equity Managed Floor ETF by 1,106.5% in the third quarter. Private Trust Co. NA now owns 3,342 shares of the company’s stock valued at $120,000 after purchasing an additional 3,065 shares during the period. First Heartland Consultants Inc. bought a new position in shares of Innovator Equity Managed Floor ETF in the fourth quarter valued at approximately $209,000. Wealthcare Advisory Partners LLC acquired a new stake in shares of Innovator Equity Managed Floor ETF in the fourth quarter worth $218,000. Finally, Perigon Wealth Management LLC acquired a new stake in shares of Innovator Equity Managed Floor ETF in the fourth quarter worth $226,000.

Innovator Equity Managed Floor ETF Trading Up 0.1%

NYSEARCA SFLR opened at $36.54 on Friday. Innovator Equity Managed Floor ETF has a 1 year low of $30.06 and a 1 year high of $37.79. The company has a fifty day simple moving average of $36.29 and a 200 day simple moving average of $36.52. The company has a market cap of $1.62 billion, a P/E ratio of 26.45 and a beta of 0.73.

Innovator Equity Managed Floor ETF Company Profile

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.