Noble Wealth Management PBC Invests $495,000 in Innovator Defined Wealth Shield ETF (BATS:BALT)

Noble Wealth Management PBC bought a new position in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,740 shares of the company’s stock, valued at approximately $495,000. Noble Wealth Management PBC owned about 0.07% of Innovator Defined Wealth Shield ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in BALT. Kingsview Wealth Management LLC boosted its holdings in Innovator Defined Wealth Shield ETF by 669.6% in the third quarter. Kingsview Wealth Management LLC now owns 1,653,091 shares of the company’s stock valued at $50,965,000 after acquiring an additional 1,438,282 shares during the last quarter. Wealthquest Corp lifted its stake in Innovator Defined Wealth Shield ETF by 49.6% in the fourth quarter. Wealthquest Corp now owns 3,079,887 shares of the company’s stock valued at $96,770,000 after buying an additional 1,021,486 shares during the period. Compass Advisory Group LLC raised its position in shares of Innovator Defined Wealth Shield ETF by 1,309.4% during the fourth quarter. Compass Advisory Group LLC now owns 654,883 shares of the company’s stock worth $20,576,000 after purchasing an additional 608,418 shares during the period. Gradient Investments LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF during the fourth quarter worth about $17,223,000. Finally, Central Valley Advisors LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF during the fourth quarter worth about $9,156,000.

Innovator Defined Wealth Shield ETF Stock Performance

BATS BALT opened at $31.76 on Friday. The stock’s 50 day simple moving average is $31.64 and its 200-day simple moving average is $31.16. The firm has a market capitalization of $1.21 billion, a price-to-earnings ratio of 27.00 and a beta of 0.13.

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.