Sequoia Financial Advisors LLC reduced its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR – Free Report) by 23.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 21,343 shares of the company after selling 6,474 shares during the quarter. Sequoia Financial Advisors LLC owned 0.59% of Innovator Nasdaq-100 Managed Floor ETF worth $585,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of QFLR. Smart Money Group LLC acquired a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the 1st quarter valued at approximately $14,178,000. Pinnacle Wealth Management Group Inc. acquired a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the 1st quarter valued at approximately $4,305,000. Brookstone Capital Management acquired a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the 1st quarter valued at approximately $1,806,000. Southland Equity Partners LLC acquired a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the 2nd quarter valued at approximately $1,207,000. Finally, 4J Wealth Management LLC acquired a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the 1st quarter valued at approximately $549,000.

Innovator Nasdaq-100 Managed Floor ETF price development

NYSEARCA:QFLR opened at $26.79 on Thursday. The company has a market cap of $96.44 million, a price-to-earnings ratio of 31.75, and a beta of 1.00. The company has a 50-day moving average price of $27.31 and a 200-day moving average price of $26.31. Innovator Nasdaq-100 Managed Floor ETF has a 1-year low of $24.65 and a 1-year high of $28.57.

Profile of the Innovator Nasdaq-100 Managed Floor ETF

(Free report)

The Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an exchange-traded fund that invests primarily in large-cap stocks. The fund aims to achieve capital appreciation by holding a portfolio representing the NASDAQ-100 while hedging downside risk using a staggered options strategy. The fund uses four one-year FLEX option packages with staggered 3-month expiration dates to target a maximum drawdown of approximately 10% on a rolling 12-month basis.

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