Innovator Equity Managed Floor ETF (SFLR)
Innovator Equity Managed Floor ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $38.96, down 0.15% on the session, giving a market capitalisation of $2.15B. Its beta of 0.69 implies it has historically moved less than the broad market.
This actively managed Exchange Traded Fund (ETF) strives for long-term capital growth by investing in major U.S. equity markets, specifically large-capitalization companies. A primary objective is to significantly curtail potential maximum losses. The fund's Advisor strategically allocates capital to a selection of stocks, generally comprising companies from the Solactive GBS United States 500 Index. This core equity exposure is complemented by the use of put and call option contracts, which are employed to help mitigate downside risk and reduce the impact of adverse movements within the U.S. large-cap equity market. It is important to note that this fund is categorized as non-diversified.
Innovator Equity Managed Floor ETF is most often compared with the following Financial Services names: