KFG Wealth Management LLC Makes New $1.38 Million Investment in Innovator Defined Wealth Shield ETF (BATS:BALT)

KFG Wealth Management LLC acquired a new position in Innovator Defined Wealth Shield ETF (BATS:BALT) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 43,981 shares of the company’s stock, valued at approximately $1,380,000.

Several other large investors have also recently bought and sold shares of BALT. Wells Fargo & Company MN acquired a new position in shares of Innovator Defined Wealth Shield ETF in the 4th quarter valued at $26,000. Blair William & Co. IL bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 4th quarter worth about $38,000. Palumbo Wealth Management LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 4th quarter worth about $224,000. NBC Securities Inc. bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 1st quarter worth about $234,000. Finally, SRS Capital Advisors Inc. bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 4th quarter worth about $236,000.

Innovator Defined Wealth Shield ETF Stock Performance

BALT opened at $31.98 on Friday. The firm’s 50-day simple moving average is $31.42 and its 200-day simple moving average is $31.49. Innovator Defined Wealth Shield ETF has a twelve month low of $29.35 and a twelve month high of $31.99. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14.

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.