Whipplewood Advisors LLC Takes Position in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR)

Whipplewood Advisors LLC acquired a new stake in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) in the 4th quarter, Holdings Channel.com reports. The firm acquired 21,920 shares of the company’s stock, valued at approximately $641,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Sigma Planning Corp acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter valued at approximately $200,000. Kestra Investment Management LLC acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the 4th quarter worth approximately $61,000. Silver Oak Securities Incorporated purchased a new position in Innovator Nasdaq-100 Managed Floor ETF in the 4th quarter valued at approximately $229,000. Beacon Financial Advisory LLC raised its holdings in Innovator Nasdaq-100 Managed Floor ETF by 5.7% during the fourth quarter. Beacon Financial Advisory LLC now owns 14,184 shares of the company’s stock worth $415,000 after purchasing an additional 767 shares during the last quarter. Finally, Financial Futures Ltd Liability Co. purchased a new stake in Innovator Nasdaq-100 Managed Floor ETF during the fourth quarter worth $4,383,000.

Innovator Nasdaq-100 Managed Floor ETF Stock Performance

Innovator Nasdaq-100 Managed Floor ETF stock opened at $28.99 on Thursday. Innovator Nasdaq-100 Managed Floor ETF has a fifty-two week low of $24.78 and a fifty-two week high of $31.00. The firm has a market capitalization of $282.65 million, a price-to-earnings ratio of 36.01 and a beta of 1.00. The stock’s fifty day moving average is $29.52 and its two-hundred day moving average is $28.45.

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.