Innovator Defined Wealth Shield ETF (BATS:BALT) Reaches New 12-Month High – Here’s Why

Innovator Defined Wealth Shield ETF (BATS:BALT) shares hit a new 52-week high during trading on Thursday . The company traded as high as $34.81 and last traded at $34.8150, with a volume of 86533 shares. The stock had previously closed at $34.74.

Innovator Defined Wealth Shield ETF Stock Down 0.0%

The business has a fifty day simple moving average of $34.53 and a two-hundred day simple moving average of $34.10. The company has a market capitalization of $1.62 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14.

Institutional Investors Weigh In On Innovator Defined Wealth Shield ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Bison Wealth LLC increased its position in shares of Innovator Defined Wealth Shield ETF by 73.5% during the 4th quarter. Bison Wealth LLC now owns 41,232 shares of the company’s stock worth $1,296,000 after purchasing an additional 17,464 shares in the last quarter. AQR Capital Management LLC bought a new stake in Innovator Defined Wealth Shield ETF during the 1st quarter worth about $347,000. Jane Street Group LLC bought a new stake in Innovator Defined Wealth Shield ETF during the 1st quarter worth about $1,036,000. NewEdge Advisors LLC increased its position in Innovator Defined Wealth Shield ETF by 105.2% in the 2nd quarter. NewEdge Advisors LLC now owns 97,208 shares of the company’s stock valued at $3,118,000 after acquiring an additional 49,841 shares in the last quarter. Finally, Ausdal Financial Partners Inc. increased its position in Innovator Defined Wealth Shield ETF by 18.1% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 34,396 shares of the company’s stock valued at $1,103,000 after acquiring an additional 5,274 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.