Perennial Investment Advisors LLC Raises Stock Position in Innovator Equity Managed Floor ETF $SFLR

Perennial Investment Advisors LLC increased its position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 14.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 123,088 shares of the company’s stock after acquiring an additional 15,076 shares during the period. Perennial Investment Advisors LLC owned approximately 0.48% of Innovator Equity Managed Floor ETF worth $4,132,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its position in shares of Innovator Equity Managed Floor ETF by 8.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 243,727 shares of the company’s stock valued at $7,651,000 after purchasing an additional 19,242 shares in the last quarter. CWM LLC boosted its stake in Innovator Equity Managed Floor ETF by 191.3% during the first quarter. CWM LLC now owns 22,412 shares of the company’s stock valued at $704,000 after buying an additional 14,718 shares during the period. Private Advisor Group LLC purchased a new position in Innovator Equity Managed Floor ETF during the first quarter worth about $775,000. Hazlett Burt & Watson Inc. grew its position in Innovator Equity Managed Floor ETF by 236.8% during the first quarter. Hazlett Burt & Watson Inc. now owns 1,573 shares of the company’s stock worth $50,000 after buying an additional 1,106 shares in the last quarter. Finally, Triumph Capital Management raised its holdings in shares of Innovator Equity Managed Floor ETF by 8.9% in the 1st quarter. Triumph Capital Management now owns 103,926 shares of the company’s stock valued at $3,262,000 after acquiring an additional 8,526 shares in the last quarter.

Innovator Equity Managed Floor ETF Trading Down 0.7%

Shares of SFLR opened at $36.10 on Tuesday. Innovator Equity Managed Floor ETF has a 12-month low of $29.14 and a 12-month high of $37.20. The company has a market cap of $1.19 billion, a PE ratio of 26.45 and a beta of 0.72. The stock has a 50-day moving average price of $36.16 and a 200-day moving average price of $34.49.

Innovator Equity Managed Floor ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Tuesday, September 30th were issued a $0.032 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.13 dividend on an annualized basis and a dividend yield of 0.4%.

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.