HBW Advisory Services LLC Raises Position in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR)

HBW Advisory Services LLC boosted its position in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 3.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,523 shares of the company’s stock after buying an additional 430 shares during the period. HBW Advisory Services LLC owned 0.35% of Innovator Nasdaq-100 Managed Floor ETF worth $345,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in QFLR. Sunbelt Securities Inc. acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the second quarter valued at about $44,000. Claro Advisors LLC acquired a new stake in Innovator Nasdaq-100 Managed Floor ETF in the 1st quarter valued at about $248,000. Worth Financial Advisory Group LLC acquired a new stake in Innovator Nasdaq-100 Managed Floor ETF in the 1st quarter valued at about $502,000. Sequoia Financial Advisors LLC purchased a new position in Innovator Nasdaq-100 Managed Floor ETF in the 1st quarter worth approximately $725,000. Finally, Delta Investment Management LLC acquired a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the 2nd quarter worth approximately $764,000.

Innovator Nasdaq-100 Managed Floor ETF Stock Performance

NYSEARCA:QFLR opened at $27.67 on Friday. Innovator Nasdaq-100 Managed Floor ETF has a one year low of $24.65 and a one year high of $29.72. The stock has a market cap of $99.61 million, a PE ratio of 31.75 and a beta of 1.00. The stock has a 50 day moving average price of $26.90 and a 200 day moving average price of $26.71.

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.