Innovator Defined Wealth Shield ETF $BALT Shares Sold by Stratos Investment Management LLC

Stratos Investment Management LLC cut its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 17.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 193,165 shares of the company’s stock after selling 41,508 shares during the period. Stratos Investment Management LLC’s holdings in Innovator Defined Wealth Shield ETF were worth $6,340,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in BALT. Hazlett Burt & Watson Inc. boosted its holdings in shares of Innovator Defined Wealth Shield ETF by 69.3% during the second quarter. Hazlett Burt & Watson Inc. now owns 1,287 shares of the company’s stock valued at $42,000 after acquiring an additional 527 shares during the period. Geneos Wealth Management Inc. bought a new position in Innovator Defined Wealth Shield ETF in the 3rd quarter worth about $90,000. Alaska Permanent Capital Management LLC bought a new position in Innovator Defined Wealth Shield ETF in the 2nd quarter worth about $167,000. NWF Advisory Services Inc. acquired a new stake in shares of Innovator Defined Wealth Shield ETF in the third quarter valued at approximately $201,000. Finally, Optima Capital LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF during the third quarter valued at approximately $207,000.

Innovator Defined Wealth Shield ETF Trading Down 0.1%

Shares of BATS BALT opened at $33.74 on Wednesday. Innovator Defined Wealth Shield ETF has a 12-month low of $30.07 and a 12-month high of $33.77. The company has a market cap of $1.57 billion, a PE ratio of 24.42 and a beta of 0.14. The stock has a 50 day simple moving average of $33.51 and a 200-day simple moving average of $33.02.

Innovator Defined Wealth Shield ETF 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.