Beacon Financial Advisory LLC Increases Stake in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR)

Beacon Financial Advisory LLC increased its stake in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 5.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,417 shares of the company’s stock after purchasing an additional 686 shares during the period. Beacon Financial Advisory LLC owned 0.37% of Innovator Nasdaq-100 Managed Floor ETF worth $370,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Sunbelt Securities Inc. acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the second quarter worth $44,000. Castleview Partners LLC lifted its position in Innovator Nasdaq-100 Managed Floor ETF by 17.4% during the 3rd quarter. Castleview Partners LLC now owns 4,991 shares of the company’s stock worth $138,000 after acquiring an additional 741 shares during the period. Stratos Wealth Advisors LLC purchased a new stake in Innovator Nasdaq-100 Managed Floor ETF during the 3rd quarter valued at about $231,000. Vima LLC acquired a new position in shares of Innovator Nasdaq-100 Managed Floor ETF in the third quarter valued at about $250,000. Finally, HBW Advisory Services LLC acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the second quarter worth about $332,000.

Innovator Nasdaq-100 Managed Floor ETF Stock Up 1.9 %

Shares of NYSEARCA QFLR opened at $28.37 on Thursday. Innovator Nasdaq-100 Managed Floor ETF has a 52 week low of $24.65 and a 52 week high of $29.72. The firm has a market cap of $102.13 million, a P/E ratio of 31.75 and a beta of 1.00. The business’s 50 day moving average price is $27.39 and its 200 day moving average price is $27.02.

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.