Simplicity Wealth LLC Grows Position in Innovator Nasdaq-100 Managed Floor ETF $QFLR

Simplicity Wealth LLC raised its stake in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 9.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 279,966 shares of the company’s stock after buying an additional 23,742 shares during the quarter. Simplicity Wealth LLC owned approximately 1.95% of Innovator Nasdaq-100 Managed Floor ETF worth $9,323,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. LPL Financial LLC lifted its position in shares of Innovator Nasdaq-100 Managed Floor ETF by 40.2% during the fourth quarter. LPL Financial LLC now owns 1,278,138 shares of the company’s stock worth $43,815,000 after purchasing an additional 366,595 shares in the last quarter. COFG Advisors LLC acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the fourth quarter worth about $26,481,000. Commonwealth Equity Services LLC raised its position in Innovator Nasdaq-100 Managed Floor ETF by 8.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 514,610 shares of the company’s stock valued at $17,641,000 after purchasing an additional 39,621 shares during the last quarter. Liberty Atlantic Advisors LLC purchased a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the fourth quarter valued at about $13,093,000. Finally, AE Wealth Management LLC lifted its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF by 3.0% in the 4th quarter. AE Wealth Management LLC now owns 355,757 shares of the company’s stock valued at $12,195,000 after buying an additional 10,486 shares during the period.

Innovator Nasdaq-100 Managed Floor ETF Stock Up 0.4%

Shares of NYSEARCA QFLR traded up $0.13 during midday trading on Friday, hitting $36.34. The company had a trading volume of 105,892 shares, compared to its average volume of 87,301. The business has a 50-day simple moving average of $35.93 and a two-hundred day simple moving average of $34.93. The firm has a market capitalization of $543.28 million, a price-to-earnings ratio of 32.95 and a beta of 0.72. Innovator Nasdaq-100 Managed Floor ETF has a twelve month low of $30.02 and a twelve month high of $36.95.

About Innovator Nasdaq-100 Managed Floor ETF

The Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio representative of the NASDAQ-100, 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. QFLR was launched on Jan 25, 2024 and is issued by Innovator.