Sugarloaf Wealth Management LLC Purchases 5,601 Shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR)

Sugarloaf Wealth Management LLC increased its position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 71.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,390 shares of the company’s stock after purchasing an additional 5,601 shares during the quarter. Sugarloaf Wealth Management LLC owned approximately 0.15% of Innovator Equity Managed Floor ETF worth $437,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Private Trust Co. NA raised its stake in shares of Innovator Equity Managed Floor ETF by 246.8% during the third quarter. Private Trust Co. NA now owns 2,421 shares of the company’s stock worth $77,000 after buying an additional 1,723 shares during the last quarter. Centaurus Financial Inc. bought a new position in shares of Innovator Equity Managed Floor ETF in the 2nd quarter worth $126,000. Private Advisor Group LLC acquired a new stake in shares of Innovator Equity Managed Floor ETF during the third quarter worth $203,000. Hazlett Burt & Watson Inc. bought a new stake in Innovator Equity Managed Floor ETF in the second quarter valued at about $204,000. Finally, Johnson Investment Counsel Inc. acquired a new position in Innovator Equity Managed Floor ETF in the second quarter valued at about $205,000.

Innovator Equity Managed Floor ETF Trading Down 1.0 %

Shares of SFLR stock traded down $0.34 on Friday, reaching $32.52. The company had a trading volume of 154,905 shares, compared to its average volume of 149,490. The stock has a market cap of $287.80 million, a PE ratio of 25.92 and a beta of 0.67. The company has a 50-day moving average of $33.02 and a 200-day moving average of $31.94. Innovator Equity Managed Floor ETF has a 12 month low of $27.17 and a 12 month 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.