Innovator Defined Wealth Shield ETF (BATS:BALT) Hits New 52-Week High – Here’s What Happened

Innovator Defined Wealth Shield ETF (BATS:BALT) shares reached a new 52-week high during trading on Monday . The company traded as high as $34.29 and last traded at $34.27, with a volume of 21410 shares trading hands. The stock had previously closed at $34.26.

Innovator Defined Wealth Shield ETF Trading Up 0.0%

The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14. The company has a 50 day moving average of $34.09 and a 200 day moving average of $33.76.

Institutional Investors Weigh In On Innovator Defined Wealth Shield ETF

Several large investors have recently modified their holdings of BALT. Integrity Advisory Solutions LLC acquired a new stake in Innovator Defined Wealth Shield ETF during the 3rd quarter worth approximately $3,404,000. Galvin Gaustad & Stein LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF during the fourth quarter worth $659,000. AE Wealth Management LLC raised its holdings in shares of Innovator Defined Wealth Shield ETF by 27.3% during the fourth quarter. AE Wealth Management LLC now owns 688,541 shares of the company’s stock worth $23,073,000 after acquiring an additional 147,747 shares during the period. Farther Finance Advisors LLC lifted its position in Innovator Defined Wealth Shield ETF by 16.9% in the 4th quarter. Farther Finance Advisors LLC now owns 211,740 shares of the company’s stock valued at $7,095,000 after acquiring an additional 30,644 shares in the last quarter. Finally, BCS Wealth Management lifted its position in Innovator Defined Wealth Shield ETF by 78.6% in the 4th quarter. BCS Wealth Management now owns 63,887 shares of the company’s stock valued at $2,141,000 after acquiring an additional 28,107 shares in the last quarter.

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.