Sfmg LLC Has $1.89 Million Stock Position in Innovator Defined Wealth Shield ETF (BATS:BALT)

Sfmg LLC lessened its position in Innovator Defined Wealth Shield ETF (BATS:BALT) by 0.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 66,144 shares of the company’s stock after selling 568 shares during the period. Sfmg LLC owned approximately 0.45% of Innovator Defined Wealth Shield ETF worth $1,890,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Milestone Asset Management LLC bought a new position in shares of Innovator Defined Wealth Shield ETF in the 4th quarter worth $83,261,000. Envestnet Asset Management Inc. lifted its stake in shares of Innovator Defined Wealth Shield ETF by 6.5% in the third quarter. Envestnet Asset Management Inc. now owns 1,873,215 shares of the company’s stock valued at $52,075,000 after buying an additional 114,305 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in shares of Innovator Defined Wealth Shield ETF by 1,068.5% during the third quarter. Kingsview Wealth Management LLC now owns 909,332 shares of the company’s stock valued at $25,279,000 after buying an additional 831,511 shares during the last quarter. Brookstone Capital Management increased its position in shares of Innovator Defined Wealth Shield ETF by 10.5% during the fourth quarter. Brookstone Capital Management now owns 733,243 shares of the company’s stock worth $20,949,000 after acquiring an additional 69,772 shares in the last quarter. Finally, Crown Wealth Group LLC increased its position in shares of Innovator Defined Wealth Shield ETF by 11.6% during the fourth quarter. Crown Wealth Group LLC now owns 412,966 shares of the company’s stock worth $11,798,000 after acquiring an additional 43,023 shares in the last quarter.

Innovator Defined Wealth Shield ETF Price Performance

BATS BALT traded down $0.01 during trading hours on Wednesday, hitting $29.06. The company’s stock had a trading volume of 114,802 shares. The stock has a market capitalization of $607.35 million, a P/E ratio of 21.98 and a beta of 0.10. The company’s 50 day moving average price is $29.10 and its 200-day moving average price is $28.59.

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.