Wetzel Investment Advisors Inc. Has $14.89 Million Position in Innovator Equity Managed Floor ETF $SFLR

Wetzel Investment Advisors Inc. boosted its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 3.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 412,977 shares of the company’s stock after buying an additional 14,893 shares during the quarter. Innovator Equity Managed Floor ETF accounts for about 6.4% of Wetzel Investment Advisors Inc.’s investment portfolio, making the stock its 3rd largest position. Wetzel Investment Advisors Inc. owned approximately 1.27% of Innovator Equity Managed Floor ETF worth $14,893,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of SFLR. TD Waterhouse Canada Inc. bought a new stake in shares of Innovator Equity Managed Floor ETF during the 2nd quarter worth $50,000. IFP Advisors Inc acquired a new position in shares of Innovator Equity Managed Floor ETF in the 2nd quarter valued at $60,000. GPS Wealth Strategies Group LLC increased its stake in Innovator Equity Managed Floor ETF by 159.3% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 2,606 shares of the company’s stock worth $87,000 after purchasing an additional 1,601 shares in the last quarter. Private Trust Co. NA raised its holdings in Innovator Equity Managed Floor ETF by 1,106.5% during the 3rd quarter. Private Trust Co. NA now owns 3,342 shares of the company’s stock worth $120,000 after buying an additional 3,065 shares during the period. Finally, Hazlett Burt & Watson Inc. lifted its stake in Innovator Equity Managed Floor ETF by 240.1% during the second quarter. Hazlett Burt & Watson Inc. now owns 5,350 shares of the company’s stock valued at $179,000 after buying an additional 3,777 shares in the last quarter.

Innovator Equity Managed Floor ETF Price Performance

Shares of SFLR opened at $37.34 on Wednesday. The company has a 50-day moving average of $36.72 and a two-hundred day moving average of $35.73. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of 26.45 and a beta of 0.72. Innovator Equity Managed Floor ETF has a one year low of $29.14 and a one year high of $37.47.

Innovator Equity Managed Floor ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 31st were issued a $0.0221 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.2%.

Innovator Equity Managed Floor ETF Company 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.