WealthPlan Investment Management LLC Invests $596,000 in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR)

WealthPlan Investment Management LLC purchased a new position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,739 shares of the company’s stock, valued at approximately $596,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Delta Investment Management LLC increased its holdings in Innovator Equity Managed Floor ETF by 207.0% in the 1st quarter. Delta Investment Management LLC now owns 668,809 shares of the company’s stock valued at $20,071,000 after buying an additional 450,981 shares during the period. Kingsview Wealth Management LLC raised its holdings in shares of Innovator Equity Managed Floor ETF by 876.7% during the 1st quarter. Kingsview Wealth Management LLC now owns 98,886 shares of the company’s stock worth $2,968,000 after buying an additional 88,762 shares in the last quarter. First Commonwealth Financial Corp PA lifted its position in shares of Innovator Equity Managed Floor ETF by 51.7% during the 1st quarter. First Commonwealth Financial Corp PA now owns 45,324 shares of the company’s stock worth $1,360,000 after buying an additional 15,456 shares during the last quarter. Sugarloaf Wealth Management LLC acquired a new stake in Innovator Equity Managed Floor ETF in the second quarter valued at about $44,000. Finally, Worth Asset Management LLC raised 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 worth $906,000 after acquiring an additional 11,084 shares in the last quarter.

Innovator Equity Managed Floor ETF Trading Down 0.1 %

Shares of Innovator Equity Managed Floor ETF stock opened at $32.95 on Wednesday. The firm has a market capitalization of $291.61 million, a PE ratio of 25.92 and a beta of 0.67. The firm’s 50 day moving average is $31.81 and its 200 day moving average is $31.07. Innovator Equity Managed Floor ETF has a 1 year low of $25.88 and a 1 year high of $33.00.

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.