Davies Financial Advisors Inc. Has $5.06 Million Stake in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR)

Davies Financial Advisors Inc. increased its position in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 30.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 172,864 shares of the company’s stock after purchasing an additional 40,335 shares during the period. Innovator Nasdaq-100 Managed Floor ETF comprises about 4.3% of Davies Financial Advisors Inc.’s investment portfolio, making the stock its 5th largest position. Davies Financial Advisors Inc. owned about 4.80% of Innovator Nasdaq-100 Managed Floor ETF worth $5,055,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Jane Street Group LLC acquired a new position in Innovator Nasdaq-100 Managed Floor ETF in the third quarter worth about $705,000. Sunbelt Securities Inc. bought a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the 2nd quarter valued at approximately $44,000. Envestnet Asset Management Inc. grew its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 25.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 221,564 shares of the company’s stock valued at $6,075,000 after purchasing an additional 45,500 shares during the period. Richard P Slaughter Associates Inc raised its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF by 19.4% in the 3rd quarter. Richard P Slaughter Associates Inc now owns 385,868 shares of the company’s stock worth $10,636,000 after buying an additional 62,591 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the 3rd quarter worth approximately $573,000.

Innovator Nasdaq-100 Managed Floor ETF Price Performance

Shares of QFLR stock opened at $29.51 on Tuesday. The stock’s fifty day simple moving average is $29.26 and its 200 day simple moving average is $28.02. Innovator Nasdaq-100 Managed Floor ETF has a one year low of $24.65 and a one year high of $31.00. The firm has a market cap of $106.24 million, a price-to-earnings ratio of 31.75 and a beta of 1.00.

Innovator Nasdaq-100 Managed Floor ETF 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.