Innovator Defined Wealth Shield ETF $BALT Stake Trimmed by Financial Designs Corp

Financial Designs Corp reduced its position in Innovator Defined Wealth Shield ETF (BATS:BALT) by 29.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 131,897 shares of the company’s stock after selling 55,724 shares during the quarter. Innovator Defined Wealth Shield ETF accounts for approximately 2.5% of Financial Designs Corp’s holdings, making the stock its 10th biggest holding. Financial Designs Corp owned approximately 0.28% of Innovator Defined Wealth Shield ETF worth $4,420,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BALT. Reliant Wealth Planning raised its position in Innovator Defined Wealth Shield ETF by 2,527.0% in the 3rd quarter. Reliant Wealth Planning now owns 957,346 shares of the company’s stock worth $31,420,000 after purchasing an additional 920,903 shares during the period. Lee Johnson Capital Management LLC bought a new position in Innovator Defined Wealth Shield ETF in the 3rd quarter worth about $27,714,000. Osaic Holdings Inc. grew its stake in Innovator Defined Wealth Shield ETF by 29.8% in the 2nd quarter. Osaic Holdings Inc. now owns 2,306,222 shares of the company’s stock worth $73,983,000 after acquiring an additional 529,782 shares in the last quarter. Raymond James Financial Inc. grew its stake in Innovator Defined Wealth Shield ETF by 24.5% in the 3rd quarter. Raymond James Financial Inc. now owns 2,104,517 shares of the company’s stock worth $69,070,000 after acquiring an additional 413,938 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in Innovator Defined Wealth Shield ETF by 324.2% in the 3rd quarter. NewEdge Advisors LLC now owns 412,363 shares of the company’s stock worth $13,534,000 after acquiring an additional 315,155 shares in the last quarter.

Innovator Defined Wealth Shield ETF Price Performance

Shares of BALT stock opened at $33.72 on Friday. The company has a market capitalization of $1.57 billion, a P/E ratio of 24.42 and a beta of 0.14. The company’s 50-day simple moving average is $33.63 and its two-hundred day simple moving average is $33.34. Innovator Defined Wealth Shield ETF has a one year low of $30.69 and a one year high of $33.84.

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.