Trek Financial LLC Raises Position in Innovator Defined Wealth Shield ETF (BATS:BALT)

Trek Financial LLC increased its position in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 3.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 131,141 shares of the company’s stock after purchasing an additional 4,552 shares during the period. Trek Financial LLC owned approximately 0.60% of Innovator Defined Wealth Shield ETF worth $4,120,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Wealthquest Corp lifted its holdings in shares of Innovator Defined Wealth Shield ETF by 49.6% in the 4th 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. Commonwealth Equity Services LLC grew its position in Innovator Defined Wealth Shield ETF by 4.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,110,130 shares of the company’s stock worth $34,880,000 after buying an additional 48,731 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Innovator Defined Wealth Shield ETF in the 4th quarter worth approximately $24,971,000. Compass Advisory Group LLC grew its holdings in Innovator Defined Wealth Shield ETF by 1,309.4% in the fourth quarter. Compass Advisory Group LLC now owns 654,883 shares of the company’s stock valued at $20,576,000 after purchasing an additional 608,418 shares during the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in Innovator Defined Wealth Shield ETF by 20.1% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 642,751 shares of the company’s stock valued at $20,195,000 after acquiring an additional 107,630 shares during the last quarter.

Innovator Defined Wealth Shield ETF Price Performance

BALT stock opened at $30.57 on Friday. The company’s 50 day simple moving average is $31.56 and its 200-day simple moving average is $31.33. The firm has a market capitalization of $1.30 billion, a PE ratio of 26.17 and a beta of 0.14. Innovator Defined Wealth Shield ETF has a 12 month low of $28.96 and a 12 month high of $31.99.

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.