Innovator Equity Managed Floor ETF $SFLR Shares Purchased by Americana Partners LLC

Americana Partners LLC raised its holdings in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 4.0% in the third quarter, Holdings Channel reports. The institutional investor owned 3,611,414 shares of the company’s stock after buying an additional 139,813 shares during the quarter. Innovator Equity Managed Floor ETF accounts for about 3.0% of Americana Partners LLC’s portfolio, making the stock its 3rd biggest holding. Americana Partners LLC owned 0.06% of Innovator Equity Managed Floor ETF worth $140,665,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Weaver Capital Management LLC acquired a new stake in Innovator Equity Managed Floor ETF in the 3rd quarter valued at $78,000. Physician Wealth Advisors Inc. acquired a new position in Innovator Equity Managed Floor ETF during the first quarter valued at approximately $96,000. Royal Bank of Canada bought a new position in Innovator Equity Managed Floor ETF during the first quarter worth about $104,000. Fifth Third Bancorp bought a new position in Innovator Equity Managed Floor ETF in the first quarter valued at approximately $137,000. Finally, Sound Income Strategies LLC acquired a new position in Innovator Equity Managed Floor ETF in the 1st quarter worth $146,000.

Innovator Equity Managed Floor ETF Stock Performance

Shares of Innovator Equity Managed Floor ETF stock opened at $38.75 on Friday. Innovator Equity Managed Floor ETF has a 52-week low of $34.69 and a 52-week high of $40.41. The business’s 50 day simple moving average is $39.16 and its 200 day simple moving average is $37.90. The firm has a market cap of $2.23 billion, a PE ratio of 26.45 and a beta of 0.69.

Innovator Equity Managed Floor ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th were issued a $0.0195 dividend. This represents a $0.08 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Wednesday, September 30th. This is a negative change from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227.

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.