Innovator Defined Wealth Shield ETF $BALT Stock Position Lifted by RHL Group LLC

RHL Group LLC lifted its holdings in Innovator Defined Wealth Shield ETF (BATS:BALT) by 35.3% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 208,699 shares of the company’s stock after purchasing an additional 54,496 shares during the period. Innovator Defined Wealth Shield ETF makes up 4.9% of RHL Group LLC’s holdings, making the stock its 5th biggest holding. RHL Group LLC owned approximately 0.45% of Innovator Defined Wealth Shield ETF worth $7,294,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in BALT. Beam Wealth Advisors Inc. acquired a new position in shares of Innovator Defined Wealth Shield ETF in the third quarter worth $730,000. Ashton Thomas Private Wealth LLC increased its position in shares of Innovator Defined Wealth Shield ETF by 2.1% during the third quarter. Ashton Thomas Private Wealth LLC now owns 21,274 shares of the company’s stock worth $744,000 after acquiring an additional 435 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF in the third quarter valued at $264,000. Kestra Advisory Services LLC raised its stake in shares of Innovator Defined Wealth Shield ETF by 48.1% in the third quarter. Kestra Advisory Services LLC now owns 481,380 shares of the company’s stock valued at $16,824,000 after acquiring an additional 156,386 shares in the last quarter. Finally, Claro Advisors Inc. raised its stake in shares of Innovator Defined Wealth Shield ETF by 7.5% in the third quarter. Claro Advisors Inc. now owns 29,930 shares of the company’s stock valued at $1,046,000 after acquiring an additional 2,093 shares in the last quarter.

Innovator Defined Wealth Shield ETF Stock Performance

BATS:BALT opened at $34.78 on Monday. The firm has a market cap of $3.26 billion, a PE ratio of 24.42 and a beta of 0.14. The stock has a fifty day moving average price of $34.92 and a 200 day moving average price of $34.25. Innovator Defined Wealth Shield ETF has a 12-month low of $32.79 and a 12-month high of $35.15.

Innovator Defined Wealth Shield ETF Company Profile

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.