Meridian Wealth Management LLC Purchases 15,756 Shares of Innovator Equity Managed Floor ETF $SFLR

Meridian Wealth Management LLC raised its position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 51.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,450 shares of the company’s stock after acquiring an additional 15,756 shares during the period. Meridian Wealth Management LLC owned approximately 0.12% of Innovator Equity Managed Floor ETF worth $1,712,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp boosted its stake in shares of Innovator Equity Managed Floor ETF by 33.4% during the third quarter. Jones Financial Companies Lllp now owns 1,640 shares of the company’s stock valued at $59,000 after purchasing an additional 411 shares during the period. Private Trust Co. NA boosted its stake in shares of Innovator Equity Managed Floor ETF by 23.2% during the fourth quarter. Private Trust Co. NA now owns 4,119 shares of the company’s stock valued at $152,000 after purchasing an additional 777 shares during the period. First Heartland Consultants Inc. purchased a new stake in shares of Innovator Equity Managed Floor ETF during the fourth quarter valued at $209,000. Wealthcare Advisory Partners LLC purchased a new stake in Innovator Equity Managed Floor ETF in the fourth quarter worth about $218,000. Finally, Visionary Wealth Advisors purchased a new stake in Innovator Equity Managed Floor ETF in the second quarter worth about $220,000.

Innovator Equity Managed Floor ETF Price Performance

NYSEARCA:SFLR opened at $37.92 on Thursday. Innovator Equity Managed Floor ETF has a 1-year low of $31.82 and a 1-year high of $37.96. The company has a 50-day moving average of $36.36 and a 200 day moving average of $36.64. The firm has a market cap of $1.69 billion, a PE ratio of 26.45 and a beta of 0.67.

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