Innovator Defined Wealth Shield ETF $BALT Stock Position Raised by HighTower Advisors LLC

HighTower Advisors LLC lifted its holdings in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 13.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 40,417 shares of the company’s stock after buying an additional 4,902 shares during the period. HighTower Advisors LLC owned 0.09% of Innovator Defined Wealth Shield ETF worth $1,268,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Wealthquest Corp grew its position in shares of Innovator Defined Wealth Shield ETF by 11.8% during the 1st quarter. Wealthquest Corp now owns 3,442,846 shares of the company’s stock valued at $108,037,000 after buying an additional 362,959 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Innovator Defined Wealth Shield ETF by 15.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,834,621 shares of the company’s stock valued at $57,570,000 after buying an additional 244,031 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in shares of Innovator Defined Wealth Shield ETF by 23.5% during the 1st quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 793,566 shares of the company’s stock valued at $24,914,000 after buying an additional 150,815 shares during the last quarter. Cetera Investment Advisers grew its position in shares of Innovator Defined Wealth Shield ETF by 28.2% during the 4th quarter. Cetera Investment Advisers now owns 767,323 shares of the company’s stock valued at $24,109,000 after buying an additional 169,004 shares during the last quarter. Finally, Crown Wealth Group LLC grew its position in shares of Innovator Defined Wealth Shield ETF by 11.8% during the 1st quarter. Crown Wealth Group LLC now owns 712,329 shares of the company’s stock valued at $22,353,000 after buying an additional 75,376 shares during the last quarter.

Innovator Defined Wealth Shield ETF Stock Up 5.3%

Shares of BATS:BALT opened at $32.5550 on Tuesday. The firm has a 50-day simple moving average of $32.28 and a 200 day simple moving average of $31.78. The company has a market cap of $1.51 billion, a PE ratio of 24.42 and a beta of 0.14. Innovator Defined Wealth Shield ETF has a fifty-two week low of $29.35 and a fifty-two week high of $32.34.

Innovator Defined Wealth Shield ETF 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.