Outlook Wealth Advisors LLC Buys 64,721 Shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR)

Outlook Wealth Advisors LLC boosted its holdings in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 159.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,209 shares of the company’s stock after acquiring an additional 64,721 shares during the quarter. Innovator Nasdaq-100 Managed Floor ETF accounts for approximately 0.8% of Outlook Wealth Advisors LLC’s holdings, making the stock its 27th largest position. Outlook Wealth Advisors LLC’s holdings in Innovator Nasdaq-100 Managed Floor ETF were worth $2,900,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brookstone Capital Management bought a new position in Innovator Nasdaq-100 Managed Floor ETF during the first quarter valued at approximately $1,806,000. Claro Advisors LLC bought a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the 1st quarter valued at $248,000. Sequoia Financial Advisors LLC purchased a new position in shares of Innovator Nasdaq-100 Managed Floor ETF in the 1st quarter worth $725,000. Worth Financial Advisory Group LLC bought a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the first quarter worth $502,000. Finally, Smart Money Group LLC purchased a new stake in Innovator Nasdaq-100 Managed Floor ETF during the first quarter valued at $14,178,000.

Innovator Nasdaq-100 Managed Floor ETF Stock Up 0.6 %

NYSEARCA QFLR opened at $28.00 on Friday. The company has a 50-day moving average price of $27.26 and a 200-day moving average price of $26.89. Innovator Nasdaq-100 Managed Floor ETF has a 52 week low of $24.65 and a 52 week high of $29.72. The firm has a market capitalization of $100.80 million, a P/E 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.