First Commonwealth Financial Corp PA Acquires 14,206 Shares of Innovator Equity Managed Floor ETF $SFLR

First Commonwealth Financial Corp PA raised its holdings in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 8.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 183,594 shares of the company’s stock after purchasing an additional 14,206 shares during the quarter. Innovator Equity Managed Floor ETF accounts for about 1.1% of First Commonwealth Financial Corp PA’s portfolio, making the stock its 17th largest position. First Commonwealth Financial Corp PA owned about 0.56% of Innovator Equity Managed Floor ETF worth $6,615,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SFLR. TD Waterhouse Canada Inc. purchased a new stake in shares of Innovator Equity Managed Floor ETF during the 2nd quarter valued at about $50,000. Jones Financial Companies Lllp grew its position in Innovator Equity Managed Floor ETF by 33.4% in the third quarter. Jones Financial Companies Lllp now owns 1,640 shares of the company’s stock worth $59,000 after acquiring an additional 411 shares in the last quarter. Private Trust Co. NA grew its position in 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 worth $120,000 after acquiring an additional 3,065 shares in the last quarter. Visionary Wealth Advisors bought a new stake in Innovator Equity Managed Floor ETF during the second quarter worth approximately $220,000. Finally, Cornerstone Wealth Management LLC bought a new stake in Innovator Equity Managed Floor ETF during the third quarter worth approximately $225,000.

Innovator Equity Managed Floor ETF Price Performance

NYSEARCA:SFLR opened at $36.30 on Wednesday. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 26.45 and a beta of 0.72. Innovator Equity Managed Floor ETF has a 1 year low of $29.14 and a 1 year high of $37.79. The business has a 50 day simple moving average of $36.85 and a 200-day simple moving average of $36.50.

Innovator Equity Managed Floor ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Wednesday, December 31st were issued a dividend of $0.0221 per share. This represents a $0.09 annualized dividend and a yield of 0.2%. The ex-dividend date was Wednesday, December 31st.

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.