Innovator Defined Wealth Shield ETF $BALT Shares Bought by KFG Wealth Management LLC

KFG Wealth Management LLC lifted its position in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 27.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 205,837 shares of the company’s stock after purchasing an additional 44,850 shares during the period. Innovator Defined Wealth Shield ETF accounts for about 0.8% of KFG Wealth Management LLC’s holdings, making the stock its 23rd biggest position. KFG Wealth Management LLC owned approximately 0.44% of Innovator Defined Wealth Shield ETF worth $7,194,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sound Income Strategies LLC bought a new stake in Innovator Defined Wealth Shield ETF in the 1st quarter worth about $28,000. Waverly Advisors LLC purchased a new position in shares of Innovator Defined Wealth Shield ETF in the 1st quarter worth approximately $68,000. Weaver Capital Management LLC purchased a new position in shares of Innovator Defined Wealth Shield ETF in the 3rd quarter worth approximately $78,000. Noble Wealth Management PBC boosted its stake in shares of Innovator Defined Wealth Shield ETF by 18.4% in the 2nd quarter. Noble Wealth Management PBC now owns 2,250 shares of the company’s stock worth $77,000 after buying an additional 350 shares during the last quarter. Finally, Continuum Advisory LLC purchased a new position in shares of Innovator Defined Wealth Shield ETF in the 2nd quarter worth approximately $179,000.

Innovator Defined Wealth Shield ETF Trading Down 0.3%

Shares of BALT stock traded down $0.09 during trading on Friday, hitting $34.97. The company’s stock had a trading volume of 738,665 shares, compared to its average volume of 504,632. The company has a market cap of $1.62 billion, a PE ratio of 24.42 and a beta of 0.14. The business has a fifty day moving average of $34.84 and a 200-day moving average of $34.37. Innovator Defined Wealth Shield ETF has a 52 week low of $32.74 and a 52 week high of $35.15.

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.