Axxcess Wealth Management LLC Buys 274,425 Shares of Innovator Defined Wealth Shield ETF $BALT

Axxcess Wealth Management LLC increased its stake in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 157.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 448,298 shares of the company’s stock after buying an additional 274,425 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Innovator Defined Wealth Shield ETF were worth $15,002,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Sound Income Strategies LLC purchased a new position in Innovator Defined Wealth Shield ETF in the first quarter valued at about $28,000. Motiv8 Investments LLC purchased a new stake in shares of Innovator Defined Wealth Shield ETF during the 4th quarter worth approximately $44,000. Accurate Wealth Management LLC purchased a new stake in shares of Innovator Defined Wealth Shield ETF during the 4th quarter worth approximately $206,000. Betterment LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 3rd quarter worth approximately $207,000. Finally, Csenge Advisory Group bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 4th quarter worth approximately $226,000.

Innovator Defined Wealth Shield ETF Trading Down 0.1%

Innovator Defined Wealth Shield ETF stock opened at $34.33 on Wednesday. The business’s 50 day simple moving average is $34.15 and its 200 day simple moving average is $33.81. Innovator Defined Wealth Shield ETF has a 12 month low of $32.12 and a 12 month high of $34.36. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14.

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.