Southern Capital Advisors LLC Cuts Stock Position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR)

Southern Capital Advisors LLC trimmed its position in shares of Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 1.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,093 shares of the company’s stock after selling 337 shares during the quarter. Southern Capital Advisors LLC owned approximately 0.22% of Innovator Equity Managed Floor ETF worth $607,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of the business. LPL Financial LLC grew its holdings in Innovator Equity Managed Floor ETF by 495.7% during the 2nd quarter. LPL Financial LLC now owns 1,145,023 shares of the company’s stock worth $35,370,000 after acquiring an additional 952,801 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in Innovator Equity Managed Floor ETF by 2,669.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 569,654 shares of the company’s stock valued at $17,597,000 after purchasing an additional 549,088 shares in the last quarter. Delta Investment Management LLC lifted its holdings in shares of Innovator Equity Managed Floor ETF by 207.0% in the first quarter. Delta Investment Management LLC now owns 668,809 shares of the company’s stock valued at $20,071,000 after purchasing an additional 450,981 shares in the last quarter. Good Life Advisors LLC purchased a new position in Innovator Equity Managed Floor ETF during the third quarter worth $13,058,000. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in Innovator Equity Managed Floor ETF by 79.2% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 664,199 shares of the company’s stock valued at $20,517,000 after purchasing an additional 293,541 shares in the last quarter.

Innovator Equity Managed Floor ETF Stock Up 0.2 %

SFLR stock opened at $32.22 on Monday. The stock’s fifty day simple moving average is $31.53 and its 200-day simple moving average is $30.80. The stock has a market capitalization of $285.15 million, a price-to-earnings ratio of 25.92 and a beta of 0.67. Innovator Equity Managed Floor ETF has a 52-week low of $24.96 and a 52-week high of $32.96.

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.