Occidental Asset Management LLC Invests $252,000 in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR)

Occidental Asset Management LLC purchased a new stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 7,725 shares of the company’s stock, valued at approximately $252,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Signal Advisors Wealth LLC grew its holdings in shares of Innovator Equity Managed Floor ETF by 9.5% in the fourth quarter. Signal Advisors Wealth LLC now owns 42,360 shares of the company’s stock valued at $1,383,000 after purchasing an additional 3,686 shares during the period. Pinnacle Wealth Management Group Inc. grew its stake in shares of Innovator Equity Managed Floor ETF by 2.9% in the 4th quarter. Pinnacle Wealth Management Group Inc. now owns 173,198 shares of the company’s stock valued at $5,655,000 after buying an additional 4,887 shares during the period. Claro Advisors LLC grew its stake in shares of Innovator Equity Managed Floor ETF by 8.6% in the 4th quarter. Claro Advisors LLC now owns 31,561 shares of the company’s stock valued at $1,030,000 after buying an additional 2,494 shares during the period. Brookstone Capital Management increased its holdings in shares of Innovator Equity Managed Floor ETF by 316.2% during the 4th quarter. Brookstone Capital Management now owns 63,551 shares of the company’s stock worth $2,075,000 after buying an additional 48,282 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC raised its position in shares of Innovator Equity Managed Floor ETF by 71.9% during the 4th quarter. Sugarloaf Wealth Management LLC now owns 13,390 shares of the company’s stock valued at $437,000 after buying an additional 5,601 shares during the period.

Innovator Equity Managed Floor ETF Stock Performance

Shares of Innovator Equity Managed Floor ETF stock opened at $33.20 on Friday. The stock has a 50 day moving average of $33.08 and a 200 day moving average of $32.01. The firm has a market capitalization of $293.82 million, a price-to-earnings ratio of 25.92 and a beta of 0.67. Innovator Equity Managed Floor ETF has a fifty-two week low of $27.29 and a fifty-two week high of $34.20.

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.