Raymond James Financial Inc. Buys New Shares in Innovator Defined Wealth Shield ETF (BATS:BALT)

Raymond James Financial Inc. purchased a new position in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 794,745 shares of the company’s stock, valued at approximately $24,971,000. Raymond James Financial Inc. owned approximately 3.65% of Innovator Defined Wealth Shield ETF at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of BALT. Wells Fargo & Company MN bought a new stake in Innovator Defined Wealth Shield ETF during the fourth quarter worth about $26,000. Focus Financial Network Inc. raised its stake in shares of Innovator Defined Wealth Shield ETF by 3.7% during the 4th quarter. Focus Financial Network Inc. now owns 25,015 shares of the company’s stock worth $786,000 after purchasing an additional 890 shares in the last quarter. Rovin Capital UT ADV boosted its holdings in shares of Innovator Defined Wealth Shield ETF by 1.5% in the 4th quarter. Rovin Capital UT ADV now owns 71,565 shares of the company’s stock valued at $2,248,000 after buying an additional 1,051 shares during the last quarter. Dominguez Wealth Management Solutions Inc. grew its stake in shares of Innovator Defined Wealth Shield ETF by 0.5% in the fourth quarter. Dominguez Wealth Management Solutions Inc. now owns 203,314 shares of the company’s stock valued at $6,388,000 after buying an additional 1,088 shares in the last quarter. Finally, BCS Wealth Management increased its holdings in Innovator Defined Wealth Shield ETF by 2.6% during the fourth quarter. BCS Wealth Management now owns 43,233 shares of the company’s stock worth $1,358,000 after buying an additional 1,103 shares during the last quarter.

Innovator Defined Wealth Shield ETF Price Performance

Shares of BALT stock opened at $31.02 on Friday. The company has a fifty day moving average price of $31.36 and a two-hundred day moving average price of $31.33. Innovator Defined Wealth Shield ETF has a one year low of $28.96 and a one year high of $31.99. The stock has a market cap of $1.32 billion, a P/E ratio of 26.17 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.