Innovator Defined Wealth Shield ETF (BATS:BALT – Get Free Report) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 155,075 shares, an increase of 84.8% from the June 15th total of 83,932 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 525,818 shares, the short-interest ratio is presently 0.3 days.
Innovator Defined Wealth Shield ETF Stock Down 0.3%
Shares of Innovator Defined Wealth Shield ETF stock opened at $34.35 on Friday. Innovator Defined Wealth Shield ETF has a 52-week low of $32.21 and a 52-week high of $34.46. The company has a 50 day moving average of $34.21 and a 200 day moving average of $33.87. The company has a market capitalization of $1.60 billion, a P/E ratio of 24.42 and a beta of 0.14.
Institutional Investors Weigh In On Innovator Defined Wealth Shield ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Sound Income Strategies LLC purchased a new stake in shares of Innovator Defined Wealth Shield ETF in the first quarter valued at about $28,000. Motiv8 Investments LLC purchased a new position in shares of Innovator Defined Wealth Shield ETF during the fourth quarter worth about $44,000. Waverly Advisors LLC acquired a new position in Innovator Defined Wealth Shield ETF in the 1st quarter valued at about $68,000. Noble Wealth Management PBC increased its position in Innovator Defined Wealth Shield ETF by 18.4% in the 2nd quarter. Noble Wealth Management PBC now owns 2,250 shares of the company’s stock valued at $77,000 after acquiring an additional 350 shares during the period. Finally, Accurate Wealth Management LLC acquired a new position in Innovator Defined Wealth Shield ETF in the 4th quarter valued at about $206,000.
About Innovator Defined Wealth Shield ETF
The Innovator Defined Wealth Shield ETF (BALT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF over a three-month outcome period. The actively managed fund holds flex options. BALT was launched on Jul 1, 2021 and is managed by Innovator.
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