Kingsview Wealth Management LLC Buys 88,762 Shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR)

Kingsview Wealth Management LLC grew its stake in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 876.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 98,886 shares of the company’s stock after buying an additional 88,762 shares during the period. Kingsview Wealth Management LLC’s holdings in Innovator Equity Managed Floor ETF were worth $2,968,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC bought a new position in Innovator Equity Managed Floor ETF during the first quarter worth about $45,000. Centaurus Financial Inc. acquired a new stake in shares of Innovator Equity Managed Floor ETF during the fourth quarter worth about $111,000. Yarger Wealth Strategies LLC acquired a new stake in shares of Innovator Equity Managed Floor ETF during the first quarter worth about $246,000. John W. Brooker & Co. CPAs acquired a new stake in shares of Innovator Equity Managed Floor ETF during the fourth quarter worth about $277,000. Finally, Lincoln National Corp acquired a new stake in shares of Innovator Equity Managed Floor ETF during the fourth quarter worth about $312,000.

Innovator Equity Managed Floor ETF Stock Performance

Shares of Innovator Equity Managed Floor ETF stock opened at $31.27 on Friday. The business’s 50 day simple moving average is $30.77 and its 200 day simple moving average is $29.45. Innovator Equity Managed Floor ETF has a 52-week low of $24.81 and a 52-week high of $31.85. The firm has a market cap of $276.74 million, a PE 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.