Innovator Equity Managed Floor ETF $SFLR Stock Position Cut by Worth Financial Advisory Group LLC

Worth Financial Advisory Group LLC trimmed its position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 10.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 132,967 shares of the company’s stock after selling 14,851 shares during the quarter. Innovator Equity Managed Floor ETF comprises about 2.1% of Worth Financial Advisory Group LLC’s holdings, making the stock its 10th biggest holding. Worth Financial Advisory Group LLC owned 0.23% of Innovator Equity Managed Floor ETF worth $5,179,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Gilpin Wealth Management LLC increased its holdings in Innovator Equity Managed Floor ETF by 5.6% in the 3rd quarter. Gilpin Wealth Management LLC now owns 7,495 shares of the company’s stock worth $292,000 after buying an additional 400 shares in the last quarter. ATX Financial Planning LLC raised its holdings in Innovator Equity Managed Floor ETF by 0.3% in the 1st quarter. ATX Financial Planning LLC now owns 206,074 shares of the company’s stock worth $7,297,000 after purchasing an additional 548 shares during the period. Castleview Partners LLC raised its stake in shares of Innovator Equity Managed Floor ETF by 2.3% in the third quarter. Castleview Partners LLC now owns 25,635 shares of the company’s stock worth $998,000 after buying an additional 584 shares during the period. Sard Wealth Management Group LLC raised its stake in Innovator Equity Managed Floor ETF by 3.0% during the 3rd quarter. Sard Wealth Management Group LLC now owns 22,593 shares of the company’s stock worth $880,000 after acquiring an additional 649 shares during the period. Finally, Wealthgarden F.S. LLC lifted its stake in shares of Innovator Equity Managed Floor ETF by 9.9% during the 1st quarter. Wealthgarden F.S. LLC now owns 11,505 shares of the company’s stock valued at $407,000 after buying an additional 1,037 shares in the last quarter.

Innovator Equity Managed Floor ETF Stock Up 0.4%

Shares of Innovator Equity Managed Floor ETF stock opened at $39.25 on Tuesday. The stock’s 50-day simple moving average is $39.12 and its 200-day simple moving average is $38.33. Innovator Equity Managed Floor ETF has a 52 week low of $34.69 and a 52 week high of $40.41. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of 26.45 and a beta of 0.69.

Innovator Equity Managed Floor ETF Cuts Dividend

The business also recently announced 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%. This is a drop from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227. The ex-dividend date of this dividend was Wednesday, September 30th.

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.