Harbour Investments Inc. Raises Holdings in Innovator Defined Wealth Shield ETF $BALT

Harbour Investments Inc. raised its holdings in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 8.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 491,944 shares of the company’s stock after acquiring an additional 37,427 shares during the quarter. Harbour Investments Inc.’s holdings in Innovator Defined Wealth Shield ETF were worth $15,782,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. purchased a new stake in Innovator Defined Wealth Shield ETF during the 1st quarter valued at $42,000. Hazlett Burt & Watson Inc. boosted its stake in Innovator Defined Wealth Shield ETF by 69.3% during the 2nd 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 during the last quarter. Larson Financial Group LLC purchased a new stake in Innovator Defined Wealth Shield ETF during the 1st quarter valued at $60,000. IFP Advisors Inc purchased a new position in shares of Innovator Defined Wealth Shield ETF in the 1st quarter worth $102,000. Finally, Mattson Financial Services LLC purchased a new position in shares of Innovator Defined Wealth Shield ETF in the 1st quarter worth $176,000.

Innovator Defined Wealth Shield ETF Price Performance

BALT stock opened at $32.78 on Wednesday. The company has a market cap of $1.52 billion, a P/E ratio of 24.42 and a beta of 0.14. Innovator Defined Wealth Shield ETF has a 1 year low of $29.35 and a 1 year high of $32.34. The stock’s fifty day moving average price is $32.66 and its 200-day moving average price is $32.07.

Innovator Defined Wealth Shield ETF Company 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.