Innovator Defined Wealth Shield ETF (BATS:BALT) Trading Up 0.1% – Should You Buy?

Innovator Defined Wealth Shield ETF (BATS:BALT) shares rose 0.1% on Thursday . The stock traded as high as $31.52 and last traded at $31.48. Approximately 525,350 shares were traded during mid-day trading, The stock had previously closed at $31.46.

Innovator Defined Wealth Shield ETF Price Performance

The company’s fifty day simple moving average is $31.35 and its 200-day simple moving average is $30.78. The firm has a market capitalization of $683.28 million, a PE ratio of 21.98 and a beta of 0.18.

Institutional Investors Weigh In On Innovator Defined Wealth Shield ETF

Institutional investors have recently added to or reduced their stakes in the business. Souders Financial Advisors purchased a new position in Innovator Defined Wealth Shield ETF in the 2nd quarter worth $218,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Innovator Defined Wealth Shield ETF in the second quarter worth about $32,000. Strategic Blueprint LLC lifted its holdings in shares of Innovator Defined Wealth Shield ETF by 31.6% during the third quarter. Strategic Blueprint LLC now owns 21,165 shares of the company’s stock worth $653,000 after purchasing an additional 5,085 shares during the period. Concourse Financial Group Securities Inc. boosted its position in Innovator Defined Wealth Shield ETF by 43.6% in the third quarter. Concourse Financial Group Securities Inc. now owns 7,962 shares of the company’s stock valued at $245,000 after buying an additional 2,416 shares during the last quarter. Finally, Focus Financial Network Inc. increased its holdings in Innovator Defined Wealth Shield ETF by 53.0% in the 3rd quarter. Focus Financial Network Inc. now owns 24,125 shares of the company’s stock worth $744,000 after buying an additional 8,355 shares during the period.

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.