Carter Financial Group INC. Invests $8.28 Million in Innovator Defined Wealth Shield ETF $BALT

Carter Financial Group INC. acquired a new stake in Innovator Defined Wealth Shield ETF (BATS:BALT) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 241,453 shares of the company’s stock, valued at approximately $8,275,000. Innovator Defined Wealth Shield ETF makes up 4.4% of Carter Financial Group INC.’s portfolio, making the stock its 5th biggest holding.

Several other hedge funds also recently modified their holdings of BALT. JPMorgan Chase & Co. boosted its stake in Innovator Defined Wealth Shield ETF by 46,021.3% during the fourth quarter. JPMorgan Chase & Co. now owns 4,025,929 shares of the company’s stock worth $134,909,000 after acquiring an additional 4,017,200 shares in the last quarter. Wealthquest Corp increased its stake in Innovator Defined Wealth Shield ETF by 36.9% in the first quarter. Wealthquest Corp now owns 3,233,718 shares of the company’s stock valued at $108,216,000 after purchasing an additional 871,138 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of Innovator Defined Wealth Shield ETF by 4.8% during the fourth quarter. Osaic Holdings Inc. now owns 2,441,139 shares of the company’s stock valued at $81,802,000 after purchasing an additional 111,344 shares during the period. Raymond James Financial Inc. raised its holdings in shares of Innovator Defined Wealth Shield ETF by 24.5% during the third quarter. Raymond James Financial Inc. now owns 2,104,517 shares of the company’s stock valued at $69,070,000 after purchasing an additional 413,938 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of Innovator Defined Wealth Shield ETF by 4.1% during the 1st quarter. Cetera Investment Advisers now owns 1,592,364 shares of the company’s stock worth $53,288,000 after purchasing an additional 63,395 shares in the last quarter.

Innovator Defined Wealth Shield ETF Price Performance

BALT stock opened at $34.74 on Thursday. The company’s 50-day moving average is $34.50 and its 200-day moving average is $34.09. The stock has a market capitalization of $1.61 billion, a PE ratio of 24.42 and a beta of 0.14. Innovator Defined Wealth Shield ETF has a 1 year low of $32.53 and a 1 year high of $34.81.

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.