NewEdge Advisors LLC Has $8.56 Million Position in Innovator Equity Managed Floor ETF $SFLR

NewEdge Advisors LLC lifted its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 63.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 221,852 shares of the company’s stock after acquiring an additional 85,739 shares during the period. NewEdge Advisors LLC’s holdings in Innovator Equity Managed Floor ETF were worth $8,559,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Quantinno Capital Management LP grew its stake in Innovator Equity Managed Floor ETF by 3.8% during the second quarter. Quantinno Capital Management LP now owns 13,263 shares of the company’s stock worth $445,000 after purchasing an additional 486 shares during the period. ATX Financial Planning LLC boosted its holdings in shares of Innovator Equity Managed Floor ETF by 0.3% during the 1st quarter. ATX Financial Planning LLC now owns 206,074 shares of the company’s stock worth $7,297,000 after buying an additional 548 shares in the last quarter. Concorde Asset Management LLC grew its position in shares of Innovator Equity Managed Floor ETF by 0.7% during the 4th quarter. Concorde Asset Management LLC now owns 87,680 shares of the company’s stock worth $3,232,000 after buying an additional 611 shares during the period. Golden State Wealth Management LLC increased its stake in shares of Innovator Equity Managed Floor ETF by 5.2% in the 4th quarter. Golden State Wealth Management LLC now owns 12,278 shares of the company’s stock valued at $453,000 after acquiring an additional 612 shares in the last quarter. Finally, Equitable Holdings Inc. lifted its position in shares of Innovator Equity Managed Floor ETF by 14.4% during the 4th quarter. Equitable Holdings Inc. now owns 7,560 shares of the company’s stock valued at $279,000 after acquiring an additional 950 shares during the period.

Innovator Equity Managed Floor ETF Trading Up 0.8%

NYSEARCA:SFLR opened at $38.89 on Friday. Innovator Equity Managed Floor ETF has a 12 month low of $34.69 and a 12 month high of $40.12. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of 26.45 and a beta of 0.69. The firm has a fifty day simple moving average of $38.77 and a two-hundred day simple moving average of $37.75.

Innovator Equity Managed Floor ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were paid a $0.0227 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.09 annualized dividend and a dividend yield of 0.2%.

About Innovator Equity Managed Floor ETF

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.