Kestra Investment Management LLC Takes Position in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR)

Kestra Investment Management LLC bought a new position in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 2,103 shares of the company’s stock, valued at approximately $61,000.

A number of other large investors have also recently bought and sold shares of the company. Ulland Investment Advisors LLC purchased a new position in Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter worth approximately $73,000. Silver Oak Securities Incorporated acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the fourth quarter worth $229,000. Impact Partnership Wealth LLC purchased a new position in shares of Innovator Nasdaq-100 Managed Floor ETF during the fourth quarter worth $235,000. Vima LLC acquired a new position in Innovator Nasdaq-100 Managed Floor ETF during the third quarter valued at $250,000. Finally, Beacon Financial Advisory LLC boosted its holdings in Innovator Nasdaq-100 Managed Floor ETF by 5.4% in the third quarter. Beacon Financial Advisory LLC now owns 13,417 shares of the company’s stock valued at $370,000 after purchasing an additional 686 shares during the last quarter.

Innovator Nasdaq-100 Managed Floor ETF Stock Performance

Shares of QFLR opened at $29.57 on Friday. The company has a market capitalization of $288.31 million, a P/E ratio of 36.01 and a beta of 1.00. The business’s 50-day moving average is $29.57 and its two-hundred day moving average is $28.37. Innovator Nasdaq-100 Managed Floor ETF has a fifty-two week low of $24.78 and a fifty-two week high of $31.00.

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.