Applied Capital LLC Boosts Stake in Innovator Defined Wealth Shield ETF $BALT

Applied Capital LLC increased its position in Innovator Defined Wealth Shield ETF (BATS:BALT) by 30.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 76,460 shares of the company’s stock after purchasing an additional 17,859 shares during the quarter. Innovator Defined Wealth Shield ETF makes up about 1.0% of Applied Capital LLC’s investment portfolio, making the stock its 16th largest holding. Applied Capital LLC owned about 0.16% of Innovator Defined Wealth Shield ETF worth $2,562,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in BALT. Bison Wealth LLC raised its holdings in Innovator Defined Wealth Shield ETF by 73.5% in the fourth 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 shares of Innovator Defined Wealth Shield ETF during the 1st quarter valued at $347,000. Jane Street Group LLC purchased a new stake in shares of Innovator Defined Wealth Shield ETF in the 1st quarter worth about $1,036,000. Smith Moore & CO. grew its position in shares of Innovator Defined Wealth Shield ETF by 6.1% in the 2nd quarter. Smith Moore & CO. now owns 18,278 shares of the company’s stock worth $586,000 after buying an additional 1,050 shares during the period. Finally, Beacon Pointe Advisors LLC increased its stake in shares of Innovator Defined Wealth Shield ETF by 4.5% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 54,794 shares of the company’s stock worth $1,758,000 after acquiring an additional 2,348 shares in the last quarter.

Innovator Defined Wealth Shield ETF Price Performance

Shares of BATS BALT opened at $33.51 on Thursday. Innovator Defined Wealth Shield ETF has a 1 year low of $30.07 and a 1 year high of $33.84. The firm has a 50-day moving average of $33.64 and a 200 day moving average of $33.30. The stock has a market cap of $1.56 billion, a P/E ratio of 24.42 and a beta of 0.14.

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.