Davies Financial Advisors Inc. Has $5.79 Million Holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR)

Davies Financial Advisors Inc. raised its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 33.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 181,953 shares of the company’s stock after purchasing an additional 45,165 shares during the quarter. Innovator Equity Managed Floor ETF accounts for approximately 5.1% of Davies Financial Advisors Inc.’s portfolio, making the stock its 4th largest position. Davies Financial Advisors Inc.’s holdings in Innovator Equity Managed Floor ETF were worth $5,788,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. GPS Wealth Strategies Group LLC bought a new stake in shares of Innovator Equity Managed Floor ETF during the second quarter worth $31,000. Sugarloaf Wealth Management LLC bought a new stake in shares of Innovator Equity Managed Floor ETF during the second quarter worth $44,000. Centaurus Financial Inc. bought a new stake in shares of Innovator Equity Managed Floor ETF during the fourth quarter worth $111,000. Archford Capital Strategies LLC bought a new stake in shares of Innovator Equity Managed Floor ETF during the second quarter worth $201,000. Finally, Hazlett Burt & Watson Inc. bought a new stake in shares of Innovator Equity Managed Floor ETF during the second quarter worth $204,000.

Innovator Equity Managed Floor ETF Price Performance

Shares of SFLR stock traded up $0.13 on Friday, reaching $32.12. 131,416 shares of the stock were exchanged, compared to its average volume of 107,243. The stock has a market cap of $284.26 million, a PE ratio of 25.92 and a beta of 0.67. Innovator Equity Managed Floor ETF has a one year low of $24.81 and a one year high of $32.20. The stock has a 50 day moving average price of $31.15 and a 200 day moving average price of $30.59.

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.