Code Waechter LLC Boosts Holdings in Innovator Defined Wealth Shield ETF $BALT

Code Waechter LLC increased its position in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 40.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 131,413 shares of the company’s stock after purchasing an additional 37,997 shares during the quarter. Innovator Defined Wealth Shield ETF makes up approximately 2.8% of Code Waechter LLC’s holdings, making the stock its 10th biggest holding. Code Waechter LLC owned approximately 0.28% of Innovator Defined Wealth Shield ETF worth $4,309,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CRA Financial Services LLC lifted its position in shares of Innovator Defined Wealth Shield ETF by 21.1% during the third quarter. CRA Financial Services LLC now owns 389,414 shares of the company’s stock worth $12,781,000 after purchasing an additional 67,802 shares in the last quarter. Truist Financial Corp increased its stake in shares of Innovator Defined Wealth Shield ETF by 147.3% in the 2nd quarter. Truist Financial Corp now owns 155,324 shares of the company’s stock valued at $4,983,000 after buying an additional 92,517 shares during the period. DAVENPORT & Co LLC raised its position in shares of Innovator Defined Wealth Shield ETF by 21.8% during the third quarter. DAVENPORT & Co LLC now owns 107,630 shares of the company’s stock worth $3,532,000 after acquiring an additional 19,287 shares during the last quarter. Foundations Investment Advisors LLC lifted its stake in shares of Innovator Defined Wealth Shield ETF by 28.9% during the second quarter. Foundations Investment Advisors LLC now owns 268,323 shares of the company’s stock valued at $8,608,000 after acquiring an additional 60,085 shares during the period. Finally, Rothschild Investment LLC bought a new position in Innovator Defined Wealth Shield ETF in the second quarter valued at about $1,566,000.

Innovator Defined Wealth Shield ETF Price Performance

BALT opened at $33.56 on Tuesday. The company has a market cap of $1.56 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14. The firm has a 50 day simple moving average of $33.18 and a 200 day simple moving average of $32.75. Innovator Defined Wealth Shield ETF has a fifty-two week low of $29.35 and a fifty-two week high of $32.34.

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.