LPL Financial LLC Boosts Stock Position in Innovator Equity Managed Floor ETF $SFLR

LPL Financial LLC boosted its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 16.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,257,434 shares of the company’s stock after purchasing an additional 601,796 shares during the period. LPL Financial LLC owned about 11.04% of Innovator Equity Managed Floor ETF worth $156,929,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC purchased a new position in shares of Innovator Equity Managed Floor ETF during the 4th quarter valued at $2,002,000. CCG Wealth Management LLC lifted its position in shares of Innovator Equity Managed Floor ETF by 447.2% during the 4th quarter. CCG Wealth Management LLC now owns 45,912 shares of the company’s stock valued at $1,692,000 after buying an additional 37,522 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of Innovator Equity Managed Floor ETF by 21.0% during the 4th quarter. Farther Finance Advisors LLC now owns 165,139 shares of the company’s stock valued at $6,087,000 after buying an additional 28,677 shares during the last quarter. First Commonwealth Financial Corp PA lifted its position in shares of Innovator Equity Managed Floor ETF by 8.4% during the 3rd quarter. First Commonwealth Financial Corp PA now owns 183,594 shares of the company’s stock valued at $6,615,000 after buying an additional 14,206 shares during the last quarter. Finally, Columbia Advisory Partners LLC lifted its position in shares of Innovator Equity Managed Floor ETF by 80.4% during the 4th quarter. Columbia Advisory Partners LLC now owns 73,268 shares of the company’s stock valued at $2,701,000 after buying an additional 32,648 shares during the last quarter.

Innovator Equity Managed Floor ETF Price Performance

Shares of NYSEARCA SFLR opened at $37.60 on Thursday. Innovator Equity Managed Floor ETF has a one year low of $32.74 and a one year high of $39.64. The business’s fifty day moving average price is $37.31 and its 200-day moving average price is $36.91. The stock has a market capitalization of $1.68 billion, a PE ratio of 26.45 and a beta of 0.68.

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. SFLR was launched on Nov 8, 2022 and is managed by Innovator.