82,923 Shares in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) Purchased by Sovran Advisors LLC

Sovran Advisors LLC purchased a new position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) during the fourth quarter, HoldingsChannel reports. The fund purchased 82,923 shares of the company’s stock, valued at approximately $2,700,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Chicago Partners Investment Group LLC lifted its holdings in shares of Innovator Equity Managed Floor ETF by 19.7% in the fourth quarter. Chicago Partners Investment Group LLC now owns 1,500,148 shares of the company’s stock worth $49,295,000 after buying an additional 246,472 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in Innovator Equity Managed Floor ETF by 70.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 968,734 shares of the company’s stock valued at $30,815,000 after acquiring an additional 399,080 shares during the last quarter. Good Life Advisors LLC purchased a new stake in Innovator Equity Managed Floor ETF in the 3rd quarter worth $13,058,000. Kingsview Wealth Management LLC boosted its holdings in shares of Innovator Equity Managed Floor ETF by 104.5% during the 4th quarter. Kingsview Wealth Management LLC now owns 351,521 shares of the company’s stock valued at $11,477,000 after purchasing an additional 179,599 shares during the last quarter. Finally, Southland Equity Partners LLC increased its holdings in shares of Innovator Equity Managed Floor ETF by 132.6% in the fourth quarter. Southland Equity Partners LLC now owns 317,230 shares of the company’s stock worth $10,358,000 after purchasing an additional 180,826 shares during the last quarter.

Innovator Equity Managed Floor ETF Trading Up 0.6 %

NYSEARCA:SFLR opened at $33.57 on Tuesday. The business’s 50-day moving average is $33.20 and its 200 day moving average is $32.24. Innovator Equity Managed Floor ETF has a 12 month low of $28.23 and a 12 month high of $34.20. The company has a market capitalization of $297.09 million, a P/E ratio of 25.92 and a beta of 0.67.

About Innovator Equity Managed Floor ETF

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.