Sugarloaf Wealth Management LLC Has $437,000 Stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR)

Sugarloaf Wealth Management LLC lifted its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 71.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 13,390 shares of the company’s stock after buying an additional 5,601 shares during the period. Sugarloaf Wealth Management LLC’s holdings in Innovator Equity Managed Floor ETF were worth $437,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SFLR. LPL Financial LLC increased its position in Innovator Equity Managed Floor ETF by 495.7% in the 2nd quarter. LPL Financial LLC now owns 1,145,023 shares of the company’s stock valued at $35,370,000 after buying an additional 952,801 shares in the last quarter. Hazlett Burt & Watson Inc. acquired a new position in shares of Innovator Equity Managed Floor ETF during the second quarter worth approximately $204,000. Johnson Investment Counsel Inc. bought a new position in shares of Innovator Equity Managed Floor ETF in the 2nd quarter worth $205,000. CoreCap Advisors LLC acquired a new stake in Innovator Equity Managed Floor ETF in the 2nd quarter valued at $8,383,000. Finally, Vima LLC bought a new stake in Innovator Equity Managed Floor ETF during the 2nd quarter valued at $322,000.

Innovator Equity Managed Floor ETF Stock Performance

Shares of Innovator Equity Managed Floor ETF stock traded down $0.34 during trading hours on Friday, reaching $32.52. The company’s stock had a trading volume of 154,905 shares, compared to its average volume of 149,490. The company has a market capitalization of $287.80 million, a P/E ratio of 25.92 and a beta of 0.67. The stock’s fifty day simple moving average is $33.02 and its two-hundred day simple moving average is $31.94. Innovator Equity Managed Floor ETF has a one year low of $27.17 and a one year high of $34.20.

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.