Harbour Investments Inc. Buys 29,234 Shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR)

Harbour Investments Inc. grew its stake in shares of Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) by 76.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 67,560 shares of the company’s stock after acquiring an additional 29,234 shares during the period. Harbour Investments Inc.’s holdings in Innovator Nasdaq-100 Managed Floor ETF were worth $1,976,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of QFLR. Financial Futures Ltd Liability Co. bought a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the fourth quarter valued at approximately $4,383,000. Chicago Partners Investment Group LLC increased its holdings in Innovator Nasdaq-100 Managed Floor ETF by 53.2% during the fourth quarter. Chicago Partners Investment Group LLC now owns 148,932 shares of the company’s stock valued at $4,364,000 after buying an additional 51,714 shares during the period. Davies Financial Advisors Inc. increased its holdings in Innovator Nasdaq-100 Managed Floor ETF by 30.4% during the fourth quarter. Davies Financial Advisors Inc. now owns 172,864 shares of the company’s stock valued at $5,055,000 after buying an additional 40,335 shares during the period. Jane Street Group LLC purchased a new position in Innovator Nasdaq-100 Managed Floor ETF during the third quarter valued at approximately $705,000. Finally, Whipplewood Advisors LLC purchased a new position in Innovator Nasdaq-100 Managed Floor ETF during the fourth quarter valued at approximately $641,000.

Innovator Nasdaq-100 Managed Floor ETF Stock Up 0.2 %

Shares of QFLR stock opened at $27.62 on Tuesday. The firm has a market cap of $270.68 million, a price-to-earnings ratio of 33.10 and a beta of 1.00. The company’s 50 day moving average is $29.09 and its 200 day moving average is $28.53. Innovator Nasdaq-100 Managed Floor ETF has a 52-week low of $24.78 and a 52-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.