Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) Declares Quarterly Dividend of $0.07

Innovator U.S. Small Cap Managed Floor ETF (NYSEARCA:RFLR) announced a quarterly dividend on Tuesday, September 29th. Investors of record on Wednesday, September 30th will be given a dividend of $0.0657 per share on Friday, October 2nd. This represents a $0.26 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, September 30th. This is a 37.7% increase from Innovator U.S. Small Cap Managed Floor ETF’s previous quarterly dividend of $0.0477.

Innovator U.S. Small Cap Managed Floor ETF Trading Down 0.2%

Shares of Innovator U.S. Small Cap Managed Floor ETF stock opened at $31.43 on Wednesday. Innovator U.S. Small Cap Managed Floor ETF has a twelve month low of $26.70 and a twelve month high of $35.17. The business’s 50 day simple moving average is $32.51 and its 200-day simple moving average is $31.30. The stock has a market capitalization of $92.72 million, a price-to-earnings ratio of 15.96 and a beta of 0.59.

Institutional Investors Weigh In On Innovator U.S. Small Cap Managed Floor ETF

A number of hedge funds have recently made changes to their positions in RFLR. Winnow Wealth LLC boosted its position in Innovator U.S. Small Cap Managed Floor ETF by 30.3% during the 4th quarter. Winnow Wealth LLC now owns 114,981 shares of the company’s stock worth $3,334,000 after acquiring an additional 26,710 shares during the period. Independent Financial Group LLC bought a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF in the 1st quarter worth approximately $4,088,000. Rockefeller Capital Management L.P. bought a new position in shares of Innovator U.S. Small Cap Managed Floor ETF in the fourth quarter valued at $846,000. Kingsview Wealth Management LLC purchased a new stake in shares of Innovator U.S. Small Cap Managed Floor ETF during the fourth quarter valued at $385,000. Finally, COFG Advisors LLC purchased a new stake in Innovator U.S. Small Cap Managed Floor ETF during the fourth quarter valued at about $328,000.

About Innovator U.S. Small Cap Managed Floor ETF

The Innovator U.S. Small Cap Managed Floor ETF (RFLR) is an exchange-traded fund that mostly invests in small-cap stocks. The fund aims to participate in 70% of upside appreciation of US small-cap stocks while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered three-month expiration dates to target a maximum loss of approximately 8-12% on a rolling 12-month basis. RFLR was launched on Sep 17, 2024 and is issued by Innovator.