Innovator Launches Equity Managed Floor ETF

Innovator ETFs has just announced the launch of a new ETF with a unique portfolio tailored to address tail risk in stocks. The Innovator Equity Managed Floor ETF (SFLR) is available for trade on the NYSE and looks to give investors exposure to U.S. equity income potential while trying to limit losses by mainly tracking S&P 500 Index stocks. The ETF will be sub advised by Parametric Portfolio Associates. A quote from the CEO of Innovator ETFs states, “Parametric has long been an industry leader in designing and managing customized quantitative strategies for large institutional investors, including family offices, asset owners and some of the largest RIAs, and we think advisors will find the Innovator Equity Managed Floor ETF strategy very compelling.”