Innovator Defined Wealth Shield ETF (BATS:BALT) Reaches New 52-Week High – Here’s What Happened

Shares of Innovator Defined Wealth Shield ETF (BATS:BALT) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $34.01 and last traded at $33.99, with a volume of 14992 shares trading hands. The stock had previously closed at $33.98.

Innovator Defined Wealth Shield ETF Stock Up 0.0%

The company’s 50 day moving average price is $33.70 and its 200-day moving average price is $33.47. The stock has a market cap of $1.58 billion, a P/E ratio of 24.42 and a beta of 0.14.

Hedge Funds Weigh In On Innovator Defined Wealth Shield ETF

Large investors have recently modified their holdings of the business. Independent Financial Group LLC bought a new position in shares of Innovator Defined Wealth Shield ETF during the first quarter worth about $5,700,000. Wealthgarden F.S. LLC bought a new position in shares of Innovator Defined Wealth Shield ETF during the first quarter worth about $246,000. NBZ Investment Advisors LLC raised its position in shares of Innovator Defined Wealth Shield ETF by 0.4% during the first quarter. NBZ Investment Advisors LLC now owns 490,322 shares of the company’s stock worth $16,409,000 after acquiring an additional 2,024 shares during the last quarter. Archer Investment Corp raised its position in shares of Innovator Defined Wealth Shield ETF by 34.9% during the first quarter. Archer Investment Corp now owns 308,540 shares of the company’s stock worth $10,325,000 after acquiring an additional 79,804 shares during the last quarter. Finally, HBW Advisory Services LLC raised its position in shares of Innovator Defined Wealth Shield ETF by 9.0% during the first quarter. HBW Advisory Services LLC now owns 80,769 shares of the company’s stock worth $2,703,000 after acquiring an additional 6,644 shares during the last quarter.

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.