Innovator Defined Wealth Shield ETF $BALT Stock: MBL Wealth LLC Grows Stake

MBL Wealth LLC boosted its holdings in Innovator Defined Wealth Shield ETF (BATS:BALT) by 233.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 38,300 shares of the company’s stock after buying an additional 26,800 shares during the quarter. MBL Wealth LLC’s holdings in Innovator Defined Wealth Shield ETF were worth $1,339,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of BALT. Noble Wealth Management PBC lifted its stake in Innovator Defined Wealth Shield ETF by 18.4% during the 2nd quarter. Noble Wealth Management PBC now owns 2,250 shares of the company’s stock valued at $77,000 after acquiring an additional 350 shares during the period. Worth Asset Management LLC boosted its holdings in shares of Innovator Defined Wealth Shield ETF by 2.3% during the 2nd quarter. Worth Asset Management LLC now owns 16,336 shares of the company’s stock valued at $560,000 after acquiring an additional 366 shares during the last quarter. IFP Advisors Inc grew its stake in shares of Innovator Defined Wealth Shield ETF by 3.7% in the third quarter. IFP Advisors Inc now owns 11,136 shares of the company’s stock worth $389,000 after acquiring an additional 402 shares during the period. Allworth Financial LP grew its stake in shares of Innovator Defined Wealth Shield ETF by 1.3% in the second quarter. Allworth Financial LP now owns 31,407 shares of the company’s stock worth $1,076,000 after acquiring an additional 403 shares during the period. Finally, FC Advisory LLC grew its stake in shares of Innovator Defined Wealth Shield ETF by 9.2% in the third quarter. FC Advisory LLC now owns 6,757 shares of the company’s stock worth $236,000 after acquiring an additional 570 shares during the period.

Innovator Defined Wealth Shield ETF Stock Down 0.3%

BALT opened at $35.01 on Friday. The firm has a 50 day moving average price of $34.87 and a 200-day moving average price of $34.42. Innovator Defined Wealth Shield ETF has a twelve month low of $32.79 and a twelve month high of $35.15. The stock has a market capitalization of $1.63 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14.

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.