Archer Investment Corp Acquires 79,804 Shares of Innovator Defined Wealth Shield ETF $BALT

Archer Investment Corp lifted its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 34.9% in the first quarter, Holdings Channel.com reports. The firm owned 308,540 shares of the company’s stock after acquiring an additional 79,804 shares during the quarter. Innovator Defined Wealth Shield ETF comprises 2.2% of Archer Investment Corp’s portfolio, making the stock its 7th largest holding. Archer Investment Corp’s holdings in Innovator Defined Wealth Shield ETF were worth $10,325,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its position in Innovator Defined Wealth Shield ETF by 46,021.3% in the fourth quarter. JPMorgan Chase & Co. now owns 4,025,929 shares of the company’s stock worth $134,909,000 after acquiring an additional 4,017,200 shares in the last quarter. Osaic Holdings Inc. grew its stake in shares of Innovator Defined Wealth Shield ETF by 4.8% in the fourth quarter. Osaic Holdings Inc. now owns 2,441,139 shares of the company’s stock worth $81,802,000 after acquiring an additional 111,344 shares during the last quarter. Raymond James Financial Inc. increased its position in Innovator Defined Wealth Shield ETF by 24.5% during the third quarter. Raymond James Financial Inc. now owns 2,104,517 shares of the company’s stock worth $69,070,000 after acquiring an additional 413,938 shares during the period. Cetera Investment Advisers increased its position in Innovator Defined Wealth Shield ETF by 22.7% during the fourth quarter. Cetera Investment Advisers now owns 1,528,969 shares of the company’s stock worth $51,236,000 after acquiring an additional 282,713 shares during the period. Finally, Lee Johnson Capital Management LLC raised its stake in Innovator Defined Wealth Shield ETF by 70.7% during the 1st quarter. Lee Johnson Capital Management LLC now owns 1,402,959 shares of the company’s stock valued at $46,950,000 after purchasing an additional 580,979 shares during the last quarter.

Innovator Defined Wealth Shield ETF Price Performance

Shares of Innovator Defined Wealth Shield ETF stock opened at $34.37 on Tuesday. Innovator Defined Wealth Shield ETF has a fifty-two week low of $32.13 and a fifty-two week high of $34.46. The firm has a fifty day moving average price of $34.18 and a two-hundred day moving average price of $33.84. The company has a market cap of $1.60 billion, a PE 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.