Private Advisor Group LLC Grows Stock Position in Innovator Defined Wealth Shield ETF $BALT

Private Advisor Group LLC grew its holdings in Innovator Defined Wealth Shield ETF (BATS:BALT) by 121.6% during the 1st quarter, Holdings Channel reports. The firm owned 51,973 shares of the company’s stock after buying an additional 28,524 shares during the period. Private Advisor Group LLC’s holdings in Innovator Defined Wealth Shield ETF were worth $1,739,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Elevation Point Wealth Partners LLC purchased a new position in Innovator Defined Wealth Shield ETF during the first quarter worth $5,269,000. Sound Income Strategies LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF during the 1st quarter worth about $28,000. Prasad Wealth Partners LLC grew its holdings in shares of Innovator Defined Wealth Shield ETF by 13.3% during the first quarter. Prasad Wealth Partners LLC now owns 44,122 shares of the company’s stock worth $1,477,000 after buying an additional 5,183 shares in the last quarter. Columbia Advisory Partners LLC raised its position in shares of Innovator Defined Wealth Shield ETF by 98.3% in the first quarter. Columbia Advisory Partners LLC now owns 45,586 shares of the company’s stock valued at $1,526,000 after buying an additional 22,594 shares during the last quarter. Finally, Vicus Capital raised its position in shares of Innovator Defined Wealth Shield ETF by 3.3% in the first quarter. Vicus Capital now owns 86,074 shares of the company’s stock valued at $2,880,000 after buying an additional 2,774 shares during the last quarter.

Innovator Defined Wealth Shield ETF Stock Up 0.2%

Shares of BALT traded up $0.06 on Friday, hitting $34.40. 527,729 shares of the stock traded hands, compared to its average volume of 493,466. The firm has a market capitalization of $1.60 billion, a P/E ratio of 24.42 and a beta of 0.14. The stock’s 50 day moving average is $34.17 and its two-hundred day moving average is $33.83. Innovator Defined Wealth Shield ETF has a 1 year low of $32.13 and a 1 year high of $34.46.

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.