Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) Stake Boosted by Pinnacle Wealth Management Group Inc.

Pinnacle Wealth Management Group Inc. increased its position in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 3.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 209,010 shares of the company’s stock after acquiring an additional 7,559 shares during the period. Innovator Nasdaq-100 Managed Floor ETF comprises approximately 3.8% of Pinnacle Wealth Management Group Inc.’s portfolio, making the stock its 5th biggest holding. Pinnacle Wealth Management Group Inc. owned about 5.81% of Innovator Nasdaq-100 Managed Floor ETF worth $6,112,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Sunbelt Securities Inc. acquired a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the 2nd quarter worth $44,000. Castleview Partners LLC increased its position in Innovator Nasdaq-100 Managed Floor ETF by 17.4% during the third quarter. Castleview Partners LLC now owns 4,991 shares of the company’s stock worth $138,000 after buying an additional 741 shares during the last quarter. Stratos Wealth Advisors LLC bought a new position in Innovator Nasdaq-100 Managed Floor ETF during the third quarter valued at about $231,000. Vima LLC acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the third quarter worth about $250,000. Finally, HBW Advisory Services LLC boosted its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 3.6% during the 3rd quarter. HBW Advisory Services LLC now owns 12,523 shares of the company’s stock worth $345,000 after acquiring an additional 430 shares in the last quarter.

Innovator Nasdaq-100 Managed Floor ETF Stock Performance

Shares of NYSEARCA QFLR opened at $28.89 on Tuesday. The business’s 50-day simple moving average is $29.19 and its 200-day simple moving average is $27.97. Innovator Nasdaq-100 Managed Floor ETF has a 52 week low of $24.65 and a 52 week high of $31.00. The firm has a market cap of $104.00 million, a price-to-earnings 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.