Commonwealth Equity Services LLC Decreases Stake in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR)

Commonwealth Equity Services LLC lessened its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 51.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 454,202 shares of the company’s stock after selling 477,693 shares during the period. Commonwealth Equity Services LLC owned 0.13% of Innovator Nasdaq-100 Managed Floor ETF worth $13,281,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SRS Capital Advisors Inc. acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter worth about $49,000. Kestra Investment Management LLC acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter worth about $61,000. Ulland Investment Advisors LLC acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter worth about $73,000. Sigma Planning Corp acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter worth about $200,000. Finally, Silver Oak Securities Incorporated acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter worth about $229,000.

Innovator Nasdaq-100 Managed Floor ETF Stock Performance

Shares of NYSEARCA QFLR opened at $27.36 on Wednesday. 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 $268.13 million, a PE ratio of 33.10 and a beta of 1.00. The stock’s 50-day simple moving average is $29.01 and its 200-day simple moving average is $28.54.

Innovator Nasdaq-100 Managed Floor ETF Profile

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.