Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) is Davies Financial Advisors Inc.’s 4th Largest Position

Davies Financial Advisors Inc. lifted its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 24.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 226,440 shares of the company’s stock after acquiring an additional 44,487 shares during the quarter. Innovator Equity Managed Floor ETF comprises about 6.3% of Davies Financial Advisors Inc.’s investment portfolio, making the stock its 4th largest position. Davies Financial Advisors Inc.’s holdings in Innovator Equity Managed Floor ETF were worth $7,393,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Private Trust Co. NA grew its position in Innovator Equity Managed Floor ETF by 246.8% during 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 in the last quarter. Centaurus Financial Inc. purchased a new position in shares of Innovator Equity Managed Floor ETF during the 2nd quarter valued at $126,000. Private Advisor Group LLC purchased a new position in shares of Innovator Equity Managed Floor ETF during the 3rd quarter valued at $203,000. Sugarloaf Wealth Management LLC increased its stake in shares of Innovator Equity Managed Floor ETF by 445.1% in the third quarter. Sugarloaf Wealth Management LLC now owns 7,789 shares of the company’s stock worth $248,000 after acquiring an additional 6,360 shares during the last quarter. Finally, LexAurum Advisors LLC purchased a new stake in shares of Innovator Equity Managed Floor ETF during the third quarter worth $249,000.

Innovator Equity Managed Floor ETF Trading Up 0.7 %

SFLR opened at $33.20 on Tuesday. The stock has a fifty day moving average price of $33.08 and a 200 day moving average price of $32.03. Innovator Equity Managed Floor ETF has a 1 year low of $27.29 and a 1 year high of $34.20. The stock has a market cap of $293.82 million, a price-to-earnings ratio of 25.92 and a beta of 0.67.

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.