WorthPointe LLC Trims Stock Holdings in Innovator Defined Wealth Shield ETF (BATS:BALT)

WorthPointe LLC lessened its stake in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 41.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 8,028 shares of the company’s stock after selling 5,708 shares during the quarter. WorthPointe LLC’s holdings in Innovator Defined Wealth Shield ETF were worth $252,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. LPL Financial LLC boosted its position in shares of Innovator Defined Wealth Shield ETF by 289.0% during the 4th quarter. LPL Financial LLC now owns 104,017 shares of the company’s stock worth $3,268,000 after purchasing an additional 77,276 shares during the period. Sfmg LLC raised its holdings in shares of Innovator Defined Wealth Shield ETF by 26.1% in the 4th quarter. Sfmg LLC now owns 82,301 shares of the company’s stock valued at $2,586,000 after buying an additional 17,026 shares during the period. Harbour Investments Inc. raised its holdings in shares of Innovator Defined Wealth Shield ETF by 24.4% in the 4th quarter. Harbour Investments Inc. now owns 166,060 shares of the company’s stock valued at $5,218,000 after buying an additional 32,612 shares during the period. Commonwealth Equity Services LLC lifted its stake in Innovator Defined Wealth Shield ETF by 4.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,110,130 shares of the company’s stock worth $34,880,000 after acquiring an additional 48,731 shares in the last quarter. Finally, Madison Wealth Partners Inc boosted its holdings in Innovator Defined Wealth Shield ETF by 3.4% during the 4th quarter. Madison Wealth Partners Inc now owns 35,491 shares of the company’s stock valued at $1,115,000 after acquiring an additional 1,180 shares during the period.

Innovator Defined Wealth Shield ETF Price Performance

Shares of BATS:BALT opened at $31.40 on Tuesday. The firm’s 50-day moving average is $31.63 and its two-hundred day moving average is $31.29. Innovator Defined Wealth Shield ETF has a 1 year low of $28.96 and a 1 year high of $31.99. The firm has a market capitalization of $1.28 billion, a PE ratio of 26.13 and a beta of 0.13.

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.