Foundations Investment Advisors LLC Acquires 4,963 Shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR)

Foundations Investment Advisors LLC increased its holdings in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 59.0% during the fourth quarter, Holdings Channel reports. The firm owned 13,381 shares of the company’s stock after acquiring an additional 4,963 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Innovator Equity Managed Floor ETF were worth $437,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Private Advisor Group LLC purchased a new position in shares of Innovator Equity Managed Floor ETF in the third quarter worth $203,000. Merit Financial Group LLC lifted its stake in Innovator Equity Managed Floor ETF by 18.1% in the 4th quarter. Merit Financial Group LLC now owns 9,258 shares of the company’s stock worth $302,000 after purchasing an additional 1,420 shares in the last quarter. Davies Financial Advisors Inc. lifted its stake in Innovator Equity Managed Floor ETF by 33.0% in the 3rd quarter. Davies Financial Advisors Inc. now owns 181,953 shares of the company’s stock worth $5,788,000 after purchasing an additional 45,165 shares in the last quarter. Global Retirement Partners LLC boosted its holdings in shares of Innovator Equity Managed Floor ETF by 47.6% during the 3rd quarter. Global Retirement Partners LLC now owns 18,657 shares of the company’s stock valued at $593,000 after purchasing an additional 6,020 shares during the last quarter. Finally, Sard Wealth Management Group LLC grew its position in shares of Innovator Equity Managed Floor ETF by 15.7% during the third quarter. Sard Wealth Management Group LLC now owns 15,329 shares of the company’s stock valued at $488,000 after purchasing an additional 2,084 shares in the last quarter.

Innovator Equity Managed Floor ETF Trading Up 0.6 %

NYSEARCA:SFLR opened at $33.49 on Friday. The business’s 50-day moving average is $33.17 and its 200 day moving average is $32.13. Innovator Equity Managed Floor ETF has a 12 month low of $27.77 and a 12 month high of $34.20. The company has a market capitalization of $296.39 million, a P/E 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.