Kingsview Wealth Management LLC Increases Position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR)

Kingsview Wealth Management LLC lifted its position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 32.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 171,922 shares of the company’s stock after purchasing an additional 42,430 shares during the period. Kingsview Wealth Management LLC’s holdings in Innovator Equity Managed Floor ETF were worth $5,469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sugarloaf Wealth Management LLC purchased a new position in Innovator Equity Managed Floor ETF during the second quarter valued at $44,000. Worth Asset Management LLC grew its stake in Innovator Equity Managed Floor ETF by 60.8% during the second quarter. Worth Asset Management LLC now owns 29,314 shares of the company’s stock valued at $906,000 after acquiring an additional 11,084 shares in the last quarter. John W. Brooker & Co. CPAs grew its stake in Innovator Equity Managed Floor ETF by 42.3% during the second quarter. John W. Brooker & Co. CPAs now owns 39,536 shares of the company’s stock valued at $1,221,000 after acquiring an additional 11,762 shares in the last quarter. Advisor Resource Council purchased a new position in Innovator Equity Managed Floor ETF during the second quarter valued at $422,270,000. Finally, Sequoia Financial Advisors LLC purchased a new position in Innovator Equity Managed Floor ETF during the second quarter valued at $414,000.

Innovator Equity Managed Floor ETF Stock Performance

SFLR opened at $33.06 on Friday. The stock has a market capitalization of $292.58 million, a price-to-earnings ratio of 25.92 and a beta of 0.67. The company has a fifty day moving average of $32.13 and a 200 day moving average of $31.26. Innovator Equity Managed Floor ETF has a fifty-two week low of $26.34 and a fifty-two week high of $33.14.

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.