Stephens Inc. AR Makes New $524,000 Investment in Innovator Defined Wealth Shield ETF $BALT

Stephens Inc. AR acquired a new position in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) in the second quarter, Holdings Channel.com reports. The firm acquired 16,338 shares of the company’s stock, valued at approximately $524,000.

A number of other hedge funds have also modified their holdings of the business. Signature Estate & Investment Advisors LLC raised its position in shares of Innovator Defined Wealth Shield ETF by 12.0% in the second quarter. Signature Estate & Investment Advisors LLC now owns 61,398 shares of the company’s stock valued at $1,970,000 after buying an additional 6,601 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV raised its position in shares of Innovator Defined Wealth Shield ETF by 1,278.3% in the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 289,195 shares of the company’s stock valued at $9,277,000 after buying an additional 268,213 shares during the last quarter. Stratos Investment Management LLC raised its position in shares of Innovator Defined Wealth Shield ETF by 37.9% in the second quarter. Stratos Investment Management LLC now owns 234,673 shares of the company’s stock valued at $7,528,000 after buying an additional 64,551 shares during the last quarter. Mutual Advisors LLC raised its position in shares of Innovator Defined Wealth Shield ETF by 4.1% in the second quarter. Mutual Advisors LLC now owns 258,748 shares of the company’s stock valued at $8,374,000 after buying an additional 10,297 shares during the last quarter. Finally, Harbour Investments Inc. raised its position in shares of Innovator Defined Wealth Shield ETF by 8.2% in the second quarter. Harbour Investments Inc. now owns 491,944 shares of the company’s stock valued at $15,782,000 after buying an additional 37,427 shares during the last quarter.

Innovator Defined Wealth Shield ETF Stock Up 6.7%

Shares of BATS BALT opened at $32.99 on Friday. Innovator Defined Wealth Shield ETF has a 52 week low of $29.35 and a 52 week high of $32.34. The firm has a 50-day simple moving average of $32.73 and a 200-day simple moving average of $32.18. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14.

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.