Yarger Wealth Strategies LLC Increases Stock Holdings in Innovator Nasdaq-100 Managed Floor ETF $QFLR

Yarger Wealth Strategies LLC boosted its stake in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 158.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,629 shares of the company’s stock after acquiring an additional 39,007 shares during the period. Yarger Wealth Strategies LLC owned 0.42% of Innovator Nasdaq-100 Managed Floor ETF worth $2,312,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the 3rd quarter worth about $39,000. Sound Income Strategies LLC bought a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the 1st quarter valued at about $45,000. Advisory Services Network LLC purchased a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the third quarter valued at about $133,000. Atticus Wealth Management LLC purchased a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the fourth quarter valued at about $201,000. Finally, Truist Financial Corp bought a new position in Innovator Nasdaq-100 Managed Floor ETF in the fourth quarter worth about $201,000.

Innovator Nasdaq-100 Managed Floor ETF Price Performance

Shares of QFLR opened at $35.38 on Friday. The company has a 50-day simple moving average of $35.40 and a two-hundred day simple moving average of $35.10. The firm has a market capitalization of $530.70 million, a PE ratio of 32.95 and a beta of 0.74. Innovator Nasdaq-100 Managed Floor ETF has a one year low of $31.91 and a one year high of $36.95.

Innovator Nasdaq-100 Managed Floor ETF Company Profile

The Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio representative of the NASDAQ-100, 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. QFLR was launched on Jan 25, 2024 and is issued by Innovator.