Worth Asset Management LLC Trims Stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR)

Worth Asset Management LLC lessened its position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 2.0% in the fourth quarter, HoldingsChannel reports. The firm owned 30,982 shares of the company’s stock after selling 620 shares during the quarter. Worth Asset Management LLC’s holdings in Innovator Equity Managed Floor ETF were worth $1,012,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. LPL Financial LLC grew its stake in shares of Innovator Equity Managed Floor ETF by 495.7% in the 2nd quarter. LPL Financial LLC now owns 1,145,023 shares of the company’s stock worth $35,370,000 after buying an additional 952,801 shares during the last quarter. Hazlett Burt & Watson Inc. purchased a new stake in Innovator Equity Managed Floor ETF during the 2nd quarter valued at about $204,000. Johnson Investment Counsel Inc. bought a new stake in Innovator Equity Managed Floor ETF during the 2nd quarter valued at about $205,000. CoreCap Advisors LLC purchased a new position in Innovator Equity Managed Floor ETF in the second quarter worth about $8,383,000. Finally, Vima LLC bought a new position in shares of Innovator Equity Managed Floor ETF in the second quarter worth approximately $322,000.

Innovator Equity Managed Floor ETF Price Performance

NYSEARCA SFLR traded down $0.01 during mid-day trading on Wednesday, reaching $32.82. The stock had a trading volume of 104,984 shares, compared to its average volume of 116,484. The stock has a market cap of $290.46 million, a PE ratio of 25.92 and a beta of 0.67. Innovator Equity Managed Floor ETF has a 1 year low of $27.17 and a 1 year high of $34.20. The company has a fifty day moving average price of $32.99 and a 200 day moving average price of $31.92.

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.