47,647 Shares in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans purchased a new stake in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 47,647 shares of the company’s stock, valued at approximately $1,393,000. Thrivent Financial for Lutherans owned 1.32% of Innovator Nasdaq-100 Managed Floor ETF at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. SRS Capital Advisors Inc. bought a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the fourth quarter worth approximately $49,000. Kestra Investment Management LLC acquired a new stake in Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter worth approximately $61,000. Ulland Investment Advisors LLC bought a new stake in Innovator Nasdaq-100 Managed Floor ETF in the 4th quarter valued at $73,000. Sigma Planning Corp acquired a new position in Innovator Nasdaq-100 Managed Floor ETF in the 4th quarter valued at $200,000. Finally, Silver Oak Securities Incorporated bought a new position in Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter worth $229,000.

Innovator Nasdaq-100 Managed Floor ETF Stock Performance

Shares of Innovator Nasdaq-100 Managed Floor ETF stock opened at $27.07 on Monday. The firm has a 50-day moving average of $28.76 and a 200-day moving average of $28.59. Innovator Nasdaq-100 Managed Floor ETF has a 52-week low of $24.78 and a 52-week high of $31.00. The stock has a market cap of $266.64 million, a PE ratio of 32.71 and a beta of 1.00.

Innovator Nasdaq-100 Managed Floor ETF Company 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.