Gradient Investments LLC Acquires Shares of 548,162 Innovator Defined Wealth Shield ETF (BATS:BALT)

Gradient Investments LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 548,162 shares of the company’s stock, valued at approximately $17,223,000. Gradient Investments LLC owned approximately 2.52% of Innovator Defined Wealth Shield ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BALT. Legacy Investment Solutions LLC purchased a new stake in Innovator Defined Wealth Shield ETF in the third quarter worth about $83,000. Continuum Wealth Advisors LLC purchased a new stake in shares of Innovator Defined Wealth Shield ETF in the 3rd quarter worth approximately $200,000. Souders Financial Advisors purchased a new position in Innovator Defined Wealth Shield ETF during the second quarter valued at $218,000. D.B. Root & Company LLC bought a new stake in Innovator Defined Wealth Shield ETF in the fourth quarter worth $231,000. Finally, Gladstone Institutional Advisory LLC purchased a new stake in shares of Innovator Defined Wealth Shield ETF in the third quarter worth $234,000.

Innovator Defined Wealth Shield ETF Trading Up 0.9 %

BALT opened at $31.72 on Friday. The stock has a market cap of $690.00 million, a price-to-earnings ratio of 21.98 and a beta of 0.18. The stock has a 50-day moving average of $31.44 and a 200-day moving average of $30.88.

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.