Silver Oak Securities Incorporated Decreases Position in Innovator Defined Wealth Shield ETF $BALT

Silver Oak Securities Incorporated lowered its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 27.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 38,893 shares of the company’s stock after selling 14,673 shares during the quarter. Silver Oak Securities Incorporated owned about 0.08% of Innovator Defined Wealth Shield ETF worth $1,302,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Arete Wealth Advisors LLC boosted its holdings in Innovator Defined Wealth Shield ETF by 1.6% in the 4th quarter. Arete Wealth Advisors LLC now owns 21,083 shares of the company’s stock worth $706,000 after acquiring an additional 333 shares during the period. Fiscal Wisdom Wealth Management LLC grew its position in Innovator Defined Wealth Shield ETF by 0.7% in the fourth quarter. Fiscal Wisdom Wealth Management LLC now owns 58,453 shares of the company’s stock valued at $1,959,000 after acquiring an additional 380 shares in the last quarter. Cambridge Advisors Inc. raised its stake in shares of Innovator Defined Wealth Shield ETF by 4.7% during the first quarter. Cambridge Advisors Inc. now owns 10,004 shares of the company’s stock valued at $335,000 after purchasing an additional 450 shares during the period. Balance Wealth LLC raised its stake in shares of Innovator Defined Wealth Shield ETF by 2.0% during the fourth quarter. Balance Wealth LLC now owns 23,001 shares of the company’s stock valued at $771,000 after purchasing an additional 457 shares during the period. Finally, Tradition Wealth Management LLC lifted its position in shares of Innovator Defined Wealth Shield ETF by 7.0% during the fourth quarter. Tradition Wealth Management LLC now owns 9,074 shares of the company’s stock worth $304,000 after purchasing an additional 592 shares in the last quarter.

Innovator Defined Wealth Shield ETF Stock Performance

Shares of BALT stock opened at $34.24 on Friday. The company has a market capitalization of $1.59 billion, a PE ratio of 24.42 and a beta of 0.14. The firm has a fifty day simple moving average of $34.08 and a 200-day simple moving average of $33.75. Innovator Defined Wealth Shield ETF has a twelve month low of $32.04 and a twelve month high of $34.26.

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.