Innovator Defined Wealth Shield ETF (BATS:BALT) Reaches New 12-Month High – Here’s Why

Shares of Innovator Defined Wealth Shield ETF (BATS:BALT) reached a new 52-week high during trading on Monday . The company traded as high as $33.77 and last traded at $33.7550, with a volume of 173818 shares trading hands. The stock had previously closed at $33.73.

Innovator Defined Wealth Shield ETF Trading Up 0.1%

The firm has a market capitalization of $1.57 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14. The company has a fifty day moving average price of $33.49 and a two-hundred day moving average price of $33.00.

Institutional Trading of Innovator Defined Wealth Shield ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Reliant Wealth Planning boosted its stake in Innovator Defined Wealth Shield ETF by 2,527.0% during the third quarter. Reliant Wealth Planning now owns 957,346 shares of the company’s stock worth $31,420,000 after buying an additional 920,903 shares during the period. Lee Johnson Capital Management LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF in the 3rd quarter worth approximately $27,714,000. Osaic Holdings Inc. increased its holdings in Innovator Defined Wealth Shield ETF by 29.8% in the 2nd quarter. Osaic Holdings Inc. now owns 2,306,222 shares of the company’s stock valued at $73,983,000 after purchasing an additional 529,782 shares during the last quarter. Raymond James Financial Inc. raised its position in Innovator Defined Wealth Shield ETF by 24.5% in the third quarter. Raymond James Financial Inc. now owns 2,104,517 shares of the company’s stock valued at $69,070,000 after purchasing an additional 413,938 shares during the period. Finally, Cetera Investment Advisers lifted its stake in Innovator Defined Wealth Shield ETF by 50.7% during the second quarter. Cetera Investment Advisers now owns 1,072,378 shares of the company’s stock worth $34,402,000 after purchasing an additional 360,840 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.