Innovator Defined Wealth Shield ETF (BATS:BALT) Sets New 12-Month High – Should You Buy?

Innovator Defined Wealth Shield ETF (BATS:BALT)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $34.81 and last traded at $34.8150, with a volume of 86533 shares trading hands. The stock had previously closed at $34.74.

Innovator Defined Wealth Shield ETF Price Performance

The business has a 50 day moving average price of $34.50 and a 200 day moving average price of $34.09. The stock has a market capitalization of $1.62 billion, a PE ratio of 24.42 and a beta of 0.14.

Institutional Trading of Innovator Defined Wealth Shield ETF

Several institutional investors have recently bought and sold shares of BALT. Foundations Investment Advisors LLC grew its holdings in shares of Innovator Defined Wealth Shield ETF by 129.2% during the fourth quarter. Foundations Investment Advisors LLC now owns 1,226,639 shares of the company’s stock valued at $41,105,000 after buying an additional 691,493 shares during the last quarter. Kingsview Wealth Management LLC raised its holdings in Innovator Defined Wealth Shield ETF by 19.1% in the 4th quarter. Kingsview Wealth Management LLC now owns 1,007,223 shares of the company’s stock worth $33,752,000 after acquiring an additional 161,394 shares during the last quarter. Triad Wealth Partners LLC lifted its position in Innovator Defined Wealth Shield ETF by 45.9% in the 1st quarter. Triad Wealth Partners LLC now owns 142,586 shares of the company’s stock valued at $4,772,000 after acquiring an additional 44,841 shares in the last quarter. NewCorp Financial Services Inc. bought a new position in Innovator Defined Wealth Shield ETF in the 4th quarter valued at approximately $2,752,000. Finally, Vantage Financial Partners LLC boosted its stake in Innovator Defined Wealth Shield ETF by 53.1% during the 4th quarter. Vantage Financial Partners LLC now owns 59,564 shares of the company’s stock valued at $1,996,000 after purchasing an additional 20,648 shares during the last quarter.

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.