Atticus Wealth Management LLC Purchases 82,017 Shares of Innovator Equity Managed Floor ETF $SFLR

Atticus Wealth Management LLC grew its position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 12.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 726,727 shares of the company’s stock after acquiring an additional 82,017 shares during the period. Innovator Equity Managed Floor ETF makes up 6.2% of Atticus Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding. Atticus Wealth Management LLC’s holdings in Innovator Equity Managed Floor ETF were worth $28,306,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Weaver Capital Management LLC acquired a new position in Innovator Equity Managed Floor ETF during the 3rd quarter worth about $78,000. Physician Wealth Advisors Inc. purchased a new position in Innovator Equity Managed Floor ETF during the 1st quarter valued at about $96,000. Royal Bank of Canada acquired a new position in Innovator Equity Managed Floor ETF in the 1st quarter valued at about $104,000. Fifth Third Bancorp acquired a new position in Innovator Equity Managed Floor ETF in the 1st quarter valued at about $137,000. Finally, Sound Income Strategies LLC acquired a new position in Innovator Equity Managed Floor ETF in the 1st quarter valued at about $146,000.

Innovator Equity Managed Floor ETF Price Performance

Shares of NYSEARCA:SFLR opened at $39.32 on Wednesday. The firm has a market capitalization of $2.26 billion, a PE ratio of 26.45 and a beta of 0.69. The firm’s 50-day moving average is $39.13 and its two-hundred day moving average is $38.35. Innovator Equity Managed Floor ETF has a 1 year low of $34.69 and a 1 year high of $40.41.

Innovator Equity Managed Floor ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Wednesday, September 30th were issued a $0.0195 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.2%. This is a decrease from Innovator Equity Managed Floor ETF’s previous quarterly dividend of $0.0227. The ex-dividend date was Wednesday, September 30th.

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.