Beacon Financial Group Purchases New Position in Innovator Defined Wealth Shield ETF (BATS:BALT)

Beacon Financial Group acquired a new stake in Innovator Defined Wealth Shield ETF (BATS:BALT) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 17,886 shares of the company’s stock, valued at approximately $562,000. Beacon Financial Group owned approximately 0.08% 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 bought and sold shares of BALT. Sovran Advisors LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF during the fourth quarter valued at about $6,867,000. Focus Financial Network Inc. grew its stake in Innovator Defined Wealth Shield ETF by 3.7% during the fourth quarter. Focus Financial Network Inc. now owns 25,015 shares of the company’s stock valued at $786,000 after acquiring an additional 890 shares in the last quarter. Pachira Investments Inc. purchased a new position in Innovator Defined Wealth Shield ETF during the fourth quarter valued at approximately $460,000. Paladin Wealth LLC bought a new stake in Innovator Defined Wealth Shield ETF during the 4th quarter worth approximately $288,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new stake in Innovator Defined Wealth Shield ETF in the 4th quarter worth approximately $1,823,000.

Innovator Defined Wealth Shield ETF Price Performance

BALT opened at $31.77 on Thursday. The stock has a market cap of $690.89 million, a price-to-earnings ratio of 21.98 and a beta of 0.18. The firm’s 50 day moving average price is $31.55 and its two-hundred day moving average price is $31.02.

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.