CFS Investment Advisory Services LLC Invests $892,000 in Innovator Equity Managed Floor ETF $SFLR

CFS Investment Advisory Services LLC purchased a new stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 24,445 shares of the company’s stock, valued at approximately $892,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Addison Capital Co purchased a new position in Innovator Equity Managed Floor ETF during the first quarter valued at approximately $1,147,000. Beacon Financial Advisory LLC boosted its stake in Innovator Equity Managed Floor ETF by 7.7% during the first quarter. Beacon Financial Advisory LLC now owns 79,234 shares of the company’s stock valued at $2,806,000 after buying an additional 5,641 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of Innovator Equity Managed Floor ETF by 13.4% in the first quarter. Private Advisor Group LLC now owns 218,030 shares of the company’s stock valued at $7,720,000 after purchasing an additional 25,722 shares in the last quarter. Sound Income Strategies LLC bought a new stake in shares of Innovator Equity Managed Floor ETF in the 1st quarter worth about $146,000. Finally, Physician Wealth Advisors Inc. purchased a new stake in Innovator Equity Managed Floor ETF during the first quarter valued at approximately $96,000.

Innovator Equity Managed Floor ETF Trading Up 0.6%

Innovator Equity Managed Floor ETF stock opened at $38.84 on Friday. Innovator Equity Managed Floor ETF has a 12-month low of $33.49 and a 12-month high of $40.12. The firm has a 50-day moving average price of $38.24 and a 200-day moving average price of $37.18. The firm has a market capitalization of $2.09 billion, a PE ratio of 26.45 and a beta of 0.69.

Innovator Equity Managed Floor ETF 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.