Sovran Advisors LLC Increases Holdings in Innovator Defined Wealth Shield ETF $BALT

Sovran Advisors LLC grew its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 9.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 278,555 shares of the company’s stock after acquiring an additional 24,021 shares during the quarter. Sovran Advisors LLC owned 0.60% of Innovator Defined Wealth Shield ETF worth $9,465,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Range Financial Group LLC raised its position in shares of Innovator Defined Wealth Shield ETF by 4.4% in the 1st quarter. Range Financial Group LLC now owns 15,660 shares of the company’s stock worth $524,000 after purchasing an additional 664 shares during the last quarter. ATX Financial Planning LLC boosted its stake in Innovator Defined Wealth Shield ETF by 14.2% in the 1st quarter. ATX Financial Planning LLC now owns 309,856 shares of the company’s stock worth $10,369,000 after purchasing an additional 38,455 shares in the last quarter. Kestra Advisory Services LLC grew its position in Innovator Defined Wealth Shield ETF by 2.8% during the 1st quarter. Kestra Advisory Services LLC now owns 324,247 shares of the company’s stock valued at $10,851,000 after purchasing an additional 8,856 shares during the last quarter. Money Concepts Capital Corp grew its position in Innovator Defined Wealth Shield ETF by 53.4% during the 1st quarter. Money Concepts Capital Corp now owns 13,216 shares of the company’s stock valued at $442,000 after purchasing an additional 4,603 shares during the last quarter. Finally, Personal CFO Solutions LLC bought a new stake in Innovator Defined Wealth Shield ETF during the 1st quarter valued at about $18,415,000.

Innovator Defined Wealth Shield ETF Stock Up 0.2%

Innovator Defined Wealth Shield ETF stock traded up $0.06 during trading hours on Friday, hitting $34.40. The stock had a trading volume of 527,729 shares, compared to its average volume of 493,466. The stock has a market capitalization of $1.60 billion, a P/E ratio of 24.42 and a beta of 0.14. Innovator Defined Wealth Shield ETF has a 12-month low of $32.13 and a 12-month high of $34.46. The stock’s 50-day moving average price is $34.17 and its 200-day moving average price is $33.83.

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.