LPL Financial LLC Grows Stake in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR)

LPL Financial LLC boosted its position in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 890.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 730,156 shares of the company’s stock after purchasing an additional 656,404 shares during the quarter. LPL Financial LLC owned approximately 20.28% of Innovator Nasdaq-100 Managed Floor ETF worth $21,350,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. 4J Wealth Management LLC raised its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 2.4% during the 4th quarter. 4J Wealth Management LLC now owns 21,555 shares of the company’s stock worth $630,000 after buying an additional 500 shares during the last quarter. HBW Advisory Services LLC increased its holdings in Innovator Nasdaq-100 Managed Floor ETF by 5.5% during the 4th quarter. HBW Advisory Services LLC now owns 13,210 shares of the company’s stock valued at $386,000 after acquiring an additional 687 shares in the last quarter. Beacon Financial Advisory LLC raised its position 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 acquiring an additional 767 shares during the last quarter. SRS Capital Advisors Inc. purchased a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the fourth quarter valued at about $49,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the fourth quarter valued at approximately $61,000.

Innovator Nasdaq-100 Managed Floor ETF Stock Performance

QFLR stock opened at $27.07 on Monday. The stock’s 50 day moving average price is $28.76 and its 200 day moving average price is $28.59. The firm has a market cap of $266.64 million, a P/E ratio of 32.71 and a beta of 1.00. Innovator Nasdaq-100 Managed Floor ETF has a 1 year low of $24.78 and a 1 year high of $31.00.

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.