Independent Financial Group LLC Invests $5.70 Million in Innovator Defined Wealth Shield ETF $BALT

Independent Financial Group LLC purchased a new stake in Innovator Defined Wealth Shield ETF (BATS:BALT) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 170,318 shares of the company’s stock, valued at approximately $5,700,000. Independent Financial Group LLC owned 0.37% of Innovator Defined Wealth Shield ETF at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Arete Wealth Advisors LLC raised 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 valued at $706,000 after acquiring an additional 333 shares in the last quarter. Fiscal Wisdom Wealth Management LLC grew its holdings in shares of Innovator Defined Wealth Shield ETF by 0.7% during the 4th quarter. Fiscal Wisdom Wealth Management LLC now owns 58,453 shares of the company’s stock worth $1,959,000 after purchasing an additional 380 shares in the last quarter. Cambridge Advisors Inc. increased its position in shares of Innovator Defined Wealth Shield ETF by 4.7% in the first quarter. Cambridge Advisors Inc. now owns 10,004 shares of the company’s stock worth $335,000 after purchasing an additional 450 shares during the period. Balance Wealth LLC raised its stake in Innovator Defined Wealth Shield ETF by 2.0% in 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 in the last quarter. Finally, Tradition Wealth Management LLC raised its stake in Innovator Defined Wealth Shield ETF by 7.0% in the fourth quarter. Tradition Wealth Management LLC now owns 9,074 shares of the company’s stock valued at $304,000 after purchasing an additional 592 shares in the last quarter.

Innovator Defined Wealth Shield ETF Stock Up 0.1%

Shares of Innovator Defined Wealth Shield ETF stock opened at $34.44 on Friday. Innovator Defined Wealth Shield ETF has a 12-month low of $32.21 and a 12-month high of $34.46. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14. The firm’s 50-day moving average price is $34.20 and its two-hundred day moving average price is $33.86.

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.