Wetzel Investment Advisors Inc. Has $4.28 Million Stock Position in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR)

Wetzel Investment Advisors Inc. raised its stake in Innovator Equity Managed Floor ETF (NYSEARCA:SFLR) by 25.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 131,052 shares of the company’s stock after acquiring an additional 26,677 shares during the quarter. Innovator Equity Managed Floor ETF comprises 2.1% of Wetzel Investment Advisors Inc.’s holdings, making the stock its 13th largest position. Wetzel Investment Advisors Inc. owned 1.48% of Innovator Equity Managed Floor ETF worth $4,284,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Private Advisor Group LLC bought a new position in Innovator Equity Managed Floor ETF during the third quarter worth about $203,000. Merit Financial Group LLC increased its holdings in shares of Innovator Equity Managed Floor ETF by 18.1% during the fourth quarter. Merit Financial Group LLC now owns 9,258 shares of the company’s stock worth $302,000 after purchasing an additional 1,420 shares during the period. Davies Financial Advisors Inc. raised its position in shares of Innovator Equity Managed Floor ETF by 33.0% in the third quarter. Davies Financial Advisors Inc. now owns 181,953 shares of the company’s stock valued at $5,788,000 after buying an additional 45,165 shares in the last quarter. Global Retirement Partners LLC boosted its stake in shares of Innovator Equity Managed Floor ETF by 47.6% in the third quarter. Global Retirement Partners LLC now owns 18,657 shares of the company’s stock valued at $593,000 after buying an additional 6,020 shares during the period. Finally, Foundations Investment Advisors LLC bought a new stake in shares of Innovator Equity Managed Floor ETF in the third quarter valued at approximately $268,000.

Innovator Equity Managed Floor ETF Price Performance

Innovator Equity Managed Floor ETF stock opened at $33.17 on Tuesday. The stock’s fifty day moving average price is $33.14 and its two-hundred day moving average price is $32.10. The firm has a market cap of $293.55 million, a PE ratio of 25.92 and a beta of 0.67. Innovator Equity Managed Floor ETF has a one year low of $27.77 and a one year high of $34.20.

Innovator Equity Managed Floor ETF Company 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.