Outlook Wealth Advisors LLC Sells 6,729 Shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR)

Outlook Wealth Advisors LLC trimmed its stake in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 6.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 98,480 shares of the company’s stock after selling 6,729 shares during the quarter. Innovator Nasdaq-100 Managed Floor ETF comprises approximately 0.8% of Outlook Wealth Advisors LLC’s investment portfolio, making the stock its 25th biggest position. Outlook Wealth Advisors LLC’s holdings in Innovator Nasdaq-100 Managed Floor ETF were worth $2,880,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. grew its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 25.8% in the second quarter. Envestnet Asset Management Inc. now owns 221,564 shares of the company’s stock worth $6,075,000 after purchasing an additional 45,500 shares during the last quarter. AE Wealth Management LLC grew its position in shares of Innovator Nasdaq-100 Managed Floor ETF by 8.5% in the 2nd quarter. AE Wealth Management LLC now owns 280,239 shares of the company’s stock valued at $7,684,000 after buying an additional 21,864 shares during the last quarter. Delta Investment Management LLC bought a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the 2nd quarter valued at about $764,000. Sunbelt Securities Inc. acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the second quarter valued at about $44,000. Finally, HBW Advisory Services LLC raised its position in shares of Innovator Nasdaq-100 Managed Floor ETF by 3.6% during the third quarter. HBW Advisory Services LLC now owns 12,523 shares of the company’s stock worth $345,000 after acquiring an additional 430 shares during the last quarter.

Innovator Nasdaq-100 Managed Floor ETF Stock Performance

NYSEARCA:QFLR opened at $29.29 on Thursday. Innovator Nasdaq-100 Managed Floor ETF has a fifty-two week low of $24.65 and a fifty-two week high of $31.00. The company has a 50 day simple moving average of $29.22 and a two-hundred day simple moving average of $27.99. The company has a market capitalization of $105.44 million, a PE ratio of 31.75 and a beta of 1.00.

About Innovator Nasdaq-100 Managed Floor ETF

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.