Innovator Defined Wealth Shield ETF (BATS:BALT) Shares Up 0.1% – Time to Buy?

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

Innovator Defined Wealth Shield ETF Price Performance

The company has a market cap of $683.28 million, a PE ratio of 21.98 and a beta of 0.18. The business has a 50 day moving average of $31.35 and a 200 day moving average of $30.78.

Institutional Investors Weigh In On Innovator Defined Wealth Shield ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. HBW Advisory Services LLC increased its stake in shares of Innovator Defined Wealth Shield ETF by 8.6% during the fourth quarter. HBW Advisory Services LLC now owns 15,033 shares of the company’s stock valued at $472,000 after purchasing an additional 1,192 shares in the last quarter. Capasso Planning Partners LLC grew its stake in shares of Innovator Defined Wealth Shield ETF by 6.6% in the 3rd quarter. Capasso Planning Partners LLC now owns 17,742 shares of the company’s stock worth $547,000 after buying an additional 1,106 shares during the last quarter. World Investment Advisors LLC increased its position in Innovator Defined Wealth Shield ETF by 16.9% during the 3rd quarter. World Investment Advisors LLC now owns 112,075 shares of the company’s stock valued at $3,455,000 after buying an additional 16,190 shares in the last quarter. Wealthquest Corp raised its stake in Innovator Defined Wealth Shield ETF by 50.4% during the third quarter. Wealthquest Corp now owns 2,058,401 shares of the company’s stock valued at $63,340,000 after buying an additional 689,520 shares during the last quarter. Finally, Continuum Advisory LLC boosted its holdings in Innovator Defined Wealth Shield ETF by 57.5% in the third quarter. Continuum Advisory LLC now owns 8,179 shares of the company’s stock worth $255,000 after acquiring an additional 2,985 shares in the last quarter.

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.