Innovator Defined Wealth Shield ETF (BATS:BALT) Hits New 1-Year High – Here’s Why

Shares of Innovator Defined Wealth Shield ETF (BATS:BALT) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $34.25 and last traded at $34.22, with a volume of 11966 shares trading hands. The stock had previously closed at $34.19.

Innovator Defined Wealth Shield ETF Trading Up 0.0%

The firm’s 50-day simple moving average is $33.98 and its two-hundred day simple moving average is $33.69. The stock has a market capitalization of $1.59 billion, a PE ratio of 24.42 and a beta of 0.14.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Sound Income Strategies LLC acquired a new position in Innovator Defined Wealth Shield ETF during the first quarter valued at $28,000. GGM Financials LLC acquired a new stake in Innovator Defined Wealth Shield ETF during the 3rd quarter worth about $33,000. Motiv8 Investments LLC acquired a new stake in Innovator Defined Wealth Shield ETF during the 4th quarter worth about $44,000. Waverly Advisors LLC purchased a new position in Innovator Defined Wealth Shield ETF during the 1st quarter valued at about $68,000. Finally, Caitlin John LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF in the 3rd quarter valued at about $78,000.

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.