Wetzel Investment Advisors Inc. Buys 26,677 Shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR)

Wetzel Investment Advisors Inc. boosted its position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 25.6% during the 4th quarter, Holdings Channel reports. The fund owned 131,052 shares of the company’s stock after buying an additional 26,677 shares during the period. Innovator Equity Managed Floor ETF makes up 2.1% of Wetzel Investment Advisors Inc.’s portfolio, making the stock its 13th largest holding. Wetzel Investment Advisors Inc.’s holdings in Innovator Equity Managed Floor ETF were worth $4,284,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Private Trust Co. NA raised its holdings in shares of Innovator Equity Managed Floor ETF by 246.8% in the third quarter. Private Trust Co. NA now owns 2,421 shares of the company’s stock valued at $77,000 after purchasing an additional 1,723 shares during the last quarter. Centaurus Financial Inc. purchased a new stake in Innovator Equity Managed Floor ETF during the 2nd quarter worth about $126,000. Private Advisor Group LLC bought a new stake in Innovator Equity Managed Floor ETF during the 3rd quarter worth approximately $203,000. Atlas Private Wealth Advisors bought a new position in shares of Innovator Equity Managed Floor ETF in the fourth quarter worth $224,000. Finally, Occidental Asset Management LLC bought a new stake in Innovator Equity Managed Floor ETF during the fourth quarter valued at approximately $252,000.

Innovator Equity Managed Floor ETF Stock Down 0.8 %

SFLR opened at $33.17 on Tuesday. The stock has a market cap of $293.55 million, a PE ratio of 25.92 and a beta of 0.67. The business’s fifty day simple moving average is $33.14 and its 200 day simple moving average is $32.10. Innovator Equity Managed Floor ETF has a 52 week low of $27.77 and a 52 week high of $34.20.

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.