NewCorp Financial Services Inc. Invests $2.75 Million in Innovator Defined Wealth Shield ETF $BALT

NewCorp Financial Services Inc. bought a new position in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 82,115 shares of the company’s stock, valued at approximately $2,752,000. Innovator Defined Wealth Shield ETF accounts for about 2.4% of NewCorp Financial Services Inc.’s investment portfolio, making the stock its 12th biggest position.

Other institutional investors also recently modified their holdings of the company. Integrity Advisory Solutions LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF during the third quarter worth approximately $3,404,000. BCS Wealth Management raised its position in shares of Innovator Defined Wealth Shield ETF by 78.6% during the fourth quarter. BCS Wealth Management now owns 63,887 shares of the company’s stock worth $2,141,000 after purchasing an additional 28,107 shares during the period. Atria Investments Inc acquired a new position in shares of Innovator Defined Wealth Shield ETF during the third quarter worth approximately $2,164,000. Galvin Gaustad & Stein LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF during the fourth quarter worth approximately $659,000. Finally, AE Wealth Management LLC grew its holdings in Innovator Defined Wealth Shield ETF by 27.3% during the fourth quarter. AE Wealth Management LLC now owns 688,541 shares of the company’s stock worth $23,073,000 after buying an additional 147,747 shares in the last quarter.

Innovator Defined Wealth Shield ETF Stock Performance

Shares of Innovator Defined Wealth Shield ETF stock opened at $34.15 on Monday. The stock has a fifty day simple moving average of $33.83 and a 200 day simple moving average of $33.60. Innovator Defined Wealth Shield ETF has a 12-month low of $31.82 and a 12-month high of $34.22. The company has a market capitalization of $1.59 billion, a P/E ratio of 24.42 and a beta of 0.14.

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.