Davies Financial Advisors Inc. Trims Position in Innovator Nasdaq-100 Managed Floor ETF $QFLR

Davies Financial Advisors Inc. reduced its stake in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 5.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 194,541 shares of the company’s stock after selling 10,241 shares during the period. Innovator Nasdaq-100 Managed Floor ETF comprises approximately 4.5% of Davies Financial Advisors Inc.’s holdings, making the stock its 5th biggest position. Davies Financial Advisors Inc.’s holdings in Innovator Nasdaq-100 Managed Floor ETF were worth $5,805,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of QFLR. Golden State Wealth Management LLC raised its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 35.5% in the 2nd quarter. Golden State Wealth Management LLC now owns 3,052 shares of the company’s stock valued at $91,000 after purchasing an additional 800 shares in the last quarter. Sigma Planning Corp increased its holdings in Innovator Nasdaq-100 Managed Floor ETF by 14.1% in the first quarter. Sigma Planning Corp now owns 7,815 shares of the company’s stock valued at $211,000 after buying an additional 965 shares during the last quarter. Stratos Wealth Partners LTD. acquired a new stake in Innovator Nasdaq-100 Managed Floor ETF during the second quarter valued at approximately $226,000. Beacon Financial Advisory LLC lifted its holdings in Innovator Nasdaq-100 Managed Floor ETF by 2.6% during the 2nd quarter. Beacon Financial Advisory LLC now owns 14,396 shares of the company’s stock worth $430,000 after buying an additional 363 shares during the last quarter. Finally, Goldman Sachs Group Inc. acquired a new position in shares of Innovator Nasdaq-100 Managed Floor ETF in the 1st quarter worth approximately $504,000.

Innovator Nasdaq-100 Managed Floor ETF Trading Down 1.9%

Shares of NYSEARCA QFLR opened at $33.73 on Friday. The company has a market capitalization of $376.09 million, a price-to-earnings ratio of 32.95 and a beta of 0.76. Innovator Nasdaq-100 Managed Floor ETF has a twelve month low of $25.42 and a twelve month high of $35.30. The business has a 50 day simple moving average of $33.40 and a 200-day simple moving average of $31.08.

Innovator Nasdaq-100 Managed Floor ETF Profile

The Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio representative of the NASDAQ-100, 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.