Arete Wealth Advisors LLC Invests $583,000 in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR)

Arete Wealth Advisors LLC acquired a new position in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 21,257 shares of the company’s stock, valued at approximately $583,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brookstone Capital Management lifted its position in Innovator Nasdaq-100 Managed Floor ETF by 21.8% in the 2nd quarter. Brookstone Capital Management now owns 84,344 shares of the company’s stock worth $2,335,000 after buying an additional 15,074 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF by 1,948.6% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 217,504 shares of the company’s stock worth $5,964,000 after acquiring an additional 206,887 shares during the last quarter. Harbour Investments Inc. boosted its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 79.4% in the 2nd quarter. Harbour Investments Inc. now owns 29,297 shares of the company’s stock valued at $803,000 after purchasing an additional 12,963 shares in the last quarter. Davies Financial Advisors Inc. bought a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the 2nd quarter valued at $2,653,000. Finally, Commonwealth Equity Services LLC bought a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the 2nd quarter valued at $19,482,000.

Innovator Nasdaq-100 Managed Floor ETF Stock Down 0.4 %

Innovator Nasdaq-100 Managed Floor ETF stock opened at $29.74 on Friday. The firm has a fifty day simple moving average of $28.40 and a two-hundred day simple moving average of $27.58. Innovator Nasdaq-100 Managed Floor ETF has a twelve month low of $24.65 and a twelve month high of $30.55. The company has a market capitalization of $107.05 million, a PE ratio of 31.75 and a beta of 1.00.

Innovator Nasdaq-100 Managed Floor ETF Company Profile

The Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio representative of the NASDAQ-100, 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.