Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) is Pinnacle Wealth Management Group Inc.’s 8th Largest Position

Pinnacle Wealth Management Group Inc. raised its stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 173,198 shares of the company’s stock after acquiring an additional 4,887 shares during the period. Innovator Equity Managed Floor ETF makes up 3.5% of Pinnacle Wealth Management Group Inc.’s portfolio, making the stock its 8th biggest position. Pinnacle Wealth Management Group Inc.’s holdings in Innovator Equity Managed Floor ETF were worth $5,655,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently modified their holdings of SFLR. Private Trust Co. NA boosted its stake in Innovator Equity Managed Floor ETF by 246.8% during the 3rd quarter. Private Trust Co. NA now owns 2,421 shares of the company’s stock valued at $77,000 after purchasing an additional 1,723 shares during the last quarter. Centaurus Financial Inc. bought a new stake in Innovator Equity Managed Floor ETF in the 2nd quarter worth about $126,000. Private Advisor Group LLC purchased a new position in Innovator Equity Managed Floor ETF in the 3rd quarter worth about $203,000. Johnson Investment Counsel Inc. bought a new position in Innovator Equity Managed Floor ETF during the 2nd quarter valued at about $205,000. Finally, Sugarloaf Wealth Management LLC grew its stake in shares of Innovator Equity Managed Floor ETF by 445.1% in the third quarter. Sugarloaf Wealth Management LLC now owns 7,789 shares of the company’s stock worth $248,000 after acquiring an additional 6,360 shares during the period.

Innovator Equity Managed Floor ETF Stock Up 0.1 %

Shares of Innovator Equity Managed Floor ETF stock opened at $32.52 on Tuesday. Innovator Equity Managed Floor ETF has a twelve month low of $27.17 and a twelve month high of $34.20. The company has a market cap of $287.80 million, a price-to-earnings ratio of 25.92 and a beta of 0.67. The company’s 50 day moving average is $33.05 and its 200 day moving average is $31.97.

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.