Innovator Defined Wealth Shield ETF $BALT Stock: Kestra Advisory Services LLC Increases Position

Kestra Advisory Services LLC boosted its stake in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 48.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 481,380 shares of the company’s stock after buying an additional 156,386 shares during the period. Kestra Advisory Services LLC owned 1.04% of Innovator Defined Wealth Shield ETF worth $16,824,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF in the 3rd quarter worth $55,000. Physician Wealth Advisors Inc. purchased a new position in shares of Innovator Defined Wealth Shield ETF during the 3rd quarter worth $65,000. Waverly Advisors LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF during the 1st quarter valued at about $68,000. Weaver Capital Management LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF during the 3rd quarter valued at about $78,000. Finally, Noble Wealth Management PBC boosted its position in shares of Innovator Defined Wealth Shield ETF by 18.4% during the 2nd quarter. Noble Wealth Management PBC now owns 2,250 shares of the company’s stock valued at $77,000 after acquiring an additional 350 shares during the last quarter.

Innovator Defined Wealth Shield ETF Stock Performance

Shares of BALT opened at $34.78 on Monday. Innovator Defined Wealth Shield ETF has a 12-month low of $32.79 and a 12-month high of $35.15. The firm has a 50-day moving average price of $34.92 and a 200 day moving average price of $34.25. The firm has a market capitalization of $3.26 billion, a P/E ratio of 24.42 and a beta of 0.14.

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.