Innovator Equity Managed Floor ETF $SFLR Stock Sold by Winnacle Wealth LLC

Winnacle Wealth LLC lessened its stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 13.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 207,267 shares of the company’s stock after selling 32,043 shares during the period. Innovator Equity Managed Floor ETF accounts for approximately 4.9% of Winnacle Wealth LLC’s investment portfolio, making the stock its 3rd biggest position. Winnacle Wealth LLC’s holdings in Innovator Equity Managed Floor ETF were worth $8,073,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of SFLR. Liberty Atlantic Advisors LLC boosted its holdings in Innovator Equity Managed Floor ETF by 10.3% in the 3rd quarter. Liberty Atlantic Advisors LLC now owns 752,483 shares of the company’s stock worth $29,324,000 after buying an additional 69,986 shares during the last quarter. XY Planning Network Inc. increased its stake in Innovator Equity Managed Floor ETF by 121.2% during the 3rd quarter. XY Planning Network Inc. now owns 20,667 shares of the company’s stock worth $805,000 after buying an additional 11,324 shares in the last quarter. Wetzel Investment Advisors Inc. increased its stake in Innovator Equity Managed Floor ETF by 2.7% during the 3rd quarter. Wetzel Investment Advisors Inc. now owns 648,515 shares of the company’s stock worth $25,272,000 after buying an additional 17,331 shares in the last quarter. Signal Advisors Wealth LLC increased its stake in Innovator Equity Managed Floor ETF by 24.4% during the 3rd quarter. Signal Advisors Wealth LLC now owns 128,349 shares of the company’s stock worth $4,999,000 after buying an additional 25,151 shares in the last quarter. Finally, Ifrah Financial Services Inc. acquired a new position in shares of Innovator Equity Managed Floor ETF during the third quarter valued at approximately $899,000.

Innovator Equity Managed Floor ETF Price Performance

NYSEARCA SFLR opened at $39.45 on Thursday. The company has a market cap of $2.26 billion, a PE ratio of 26.45 and a beta of 0.69. The stock’s 50 day simple moving average is $39.10 and its 200-day simple moving average is $38.24. Innovator Equity Managed Floor ETF has a 1-year low of $34.69 and a 1-year high of $40.41.

Innovator Equity Managed Floor ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Wednesday, September 30th were given a dividend of $0.0195 per share. 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. This represents a $0.08 annualized dividend and a dividend yield of 0.2%.

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.