DAVENPORT & Co LLC Buys 19,287 Shares of Innovator Defined Wealth Shield ETF $BALT

DAVENPORT & Co LLC grew its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 21.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 107,630 shares of the company’s stock after buying an additional 19,287 shares during the quarter. DAVENPORT & Co LLC owned approximately 0.23% of Innovator Defined Wealth Shield ETF worth $3,532,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in BALT. Northwestern Mutual Wealth Management Co. purchased a new stake in Innovator Defined Wealth Shield ETF in the 1st quarter worth approximately $42,000. Hazlett Burt & Watson Inc. lifted its holdings in Innovator Defined Wealth Shield ETF by 69.3% during the second quarter. Hazlett Burt & Watson Inc. now owns 1,287 shares of the company’s stock valued at $42,000 after purchasing an additional 527 shares in the last quarter. Alaska Permanent Capital Management LLC bought a new position in shares of Innovator Defined Wealth Shield ETF in the second quarter worth approximately $167,000. Mattson Financial Services LLC purchased a new stake in shares of Innovator Defined Wealth Shield ETF in the first quarter worth $176,000. Finally, NBT Bank N A NY purchased a new stake in shares of Innovator Defined Wealth Shield ETF in the second quarter worth $201,000.

Innovator Defined Wealth Shield ETF Price Performance

Shares of BALT stock opened at $33.48 on Friday. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14. The company’s fifty day moving average price is $33.11 and its 200-day moving average price is $32.68. Innovator Defined Wealth Shield ETF has a one year low of $29.35 and a one year 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.