Lee Johnson Capital Management LLC Has $46.95 Million Stock Position in Innovator Defined Wealth Shield ETF $BALT

Lee Johnson Capital Management LLC raised its holdings in Innovator Defined Wealth Shield ETF (BATS:BALT) by 70.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,402,959 shares of the company’s stock after purchasing an additional 580,979 shares during the period. Innovator Defined Wealth Shield ETF accounts for about 16.8% of Lee Johnson Capital Management LLC’s holdings, making the stock its biggest position. Lee Johnson Capital Management LLC owned 3.02% of Innovator Defined Wealth Shield ETF worth $46,950,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of BALT. GGM Financials LLC bought a new position in Innovator Defined Wealth Shield ETF in the 3rd quarter worth approximately $33,000. Motiv8 Investments LLC purchased a new position in Innovator Defined Wealth Shield ETF in the 4th quarter valued at approximately $44,000. Caitlin John LLC bought a new stake in Innovator Defined Wealth Shield ETF during the 3rd quarter valued at $78,000. Accurate Wealth Management LLC bought a new stake in Innovator Defined Wealth Shield ETF during the 4th quarter valued at $206,000. Finally, Betterment LLC purchased a new stake in shares of Innovator Defined Wealth Shield ETF during the third quarter worth $207,000.

Innovator Defined Wealth Shield ETF Price Performance

Innovator Defined Wealth Shield ETF stock opened at $34.25 on Monday. Innovator Defined Wealth Shield ETF has a one year low of $32.00 and a one year high of $34.25. The business has a fifty day moving average price of $34.04 and a 200-day moving average price of $33.73. The firm has a market capitalization of $1.59 billion, a P/E 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.