Kingsview Wealth Management LLC Has $56.55 Million Position in Innovator Equity Managed Floor ETF $SFLR

Kingsview Wealth Management LLC boosted its holdings in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 7.9% in the second quarter, Holdings Channel.com reports. The fund owned 1,684,463 shares of the company’s stock after buying an additional 122,735 shares during the quarter. Innovator Equity Managed Floor ETF comprises 1.0% of Kingsview Wealth Management LLC’s holdings, making the stock its 19th largest holding. Kingsview Wealth Management LLC owned about 0.07% of Innovator Equity Managed Floor ETF worth $56,547,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in SFLR. Cetera Investment Advisers grew its stake in shares of Innovator Equity Managed Floor ETF by 10.9% during the second quarter. Cetera Investment Advisers now owns 194,041 shares of the company’s stock worth $6,514,000 after purchasing an additional 18,998 shares during the period. Meridian Wealth Management LLC boosted its holdings in Innovator Equity Managed Floor ETF by 8.3% during the second quarter. Meridian Wealth Management LLC now owns 28,780 shares of the company’s stock worth $966,000 after buying an additional 2,206 shares during the last quarter. Foundations Investment Advisors LLC increased its stake in shares of Innovator Equity Managed Floor ETF by 12.4% in the 2nd quarter. Foundations Investment Advisors LLC now owns 33,000 shares of the company’s stock valued at $1,108,000 after acquiring an additional 3,651 shares during the last quarter. AE Wealth Management LLC raised its position in shares of Innovator Equity Managed Floor ETF by 4.5% in the 2nd quarter. AE Wealth Management LLC now owns 168,804 shares of the company’s stock valued at $5,667,000 after acquiring an additional 7,262 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in Innovator Equity Managed Floor ETF by 28.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,839,890 shares of the company’s stock worth $61,765,000 after acquiring an additional 404,231 shares during the last quarter.

Innovator Equity Managed Floor ETF Stock Performance

Shares of NYSEARCA:SFLR opened at $36.36 on Friday. The company has a 50 day moving average price of $36.15 and a two-hundred day moving average price of $34.44. The company has a market capitalization of $1.20 billion, a PE ratio of 26.45 and a beta of 0.72. Innovator Equity Managed Floor ETF has a 52 week low of $29.14 and a 52 week high of $37.20.

Innovator Equity Managed Floor ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Tuesday, September 30th were paid a dividend of $0.032 per share. This represents a $0.13 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Tuesday, September 30th.

Innovator Equity Managed Floor ETF 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.