Envestnet Asset Management Inc. Raises Stock Holdings in Innovator Equity Managed Floor ETF $SFLR

Envestnet Asset Management Inc. boosted its holdings in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 16.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 440,709 shares of the company’s stock after purchasing an additional 61,925 shares during the quarter. Envestnet Asset Management Inc. owned approximately 1.34% of Innovator Equity Managed Floor ETF worth $15,879,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SFLR. Commonwealth Equity Services LLC boosted its position in Innovator Equity Managed Floor ETF by 28.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,839,890 shares of the company’s stock worth $61,765,000 after acquiring an additional 404,231 shares during the period. Evolution Wealth Management Inc. acquired a new stake in Innovator Equity Managed Floor ETF during the 2nd quarter worth about $13,221,000. Winnow Wealth LLC purchased a new position in Innovator Equity Managed Floor ETF during the 3rd quarter worth approximately $9,352,000. NewEdge Advisors LLC boosted its position in 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 worth $9,357,000 after acquiring an additional 134,521 shares during the period. Finally, Kingsview Wealth Management LLC increased its position in Innovator Equity Managed Floor ETF by 7.9% during the second quarter. Kingsview Wealth Management LLC now owns 1,684,463 shares of the company’s stock worth $56,547,000 after buying an additional 122,735 shares during the last quarter.

Innovator Equity Managed Floor ETF Price Performance

Innovator Equity Managed Floor ETF stock opened at $36.50 on Monday. Innovator Equity Managed Floor ETF has a fifty-two week low of $29.14 and a fifty-two week high of $37.55. The firm has a fifty day moving average price of $36.98 and a two-hundred day moving average price of $36.21. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 26.45 and a beta of 0.72.

Innovator Equity Managed Floor ETF Cuts Dividend

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

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.