Innovator Defined Wealth Shield ETF (BATS:BALT) Trading Up 0.1% – Here’s Why

Posted by Jeff Wilder on Jan 11th, 2025

Innovator Defined Wealth Shield ETF (BATS:BALT – Get Free Report) traded up 0.1% during mid-day trading on Thursday . The company traded as high as $31.52 and last traded at $31.48. 525,350 shares changed hands during trading, The stock had previously closed at $31.46.

Innovator Defined Wealth Shield ETF Price Performance

The firm’s fifty day simple moving average is $31.35 and its 200 day simple moving average is $30.78. The company has a market capitalization of $683.28 million, a PE ratio of 21.98 and a beta of 0.18.

Institutional Investors Weigh In On Innovator Defined Wealth Shield ETF

Several hedge funds have recently bought and sold shares of BALT. WorthPointe LLC increased its stake in shares of Innovator Defined Wealth Shield ETF by 4.9% in the 3rd quarter. WorthPointe LLC now owns 13,736 shares of the company’s stock valued at $423,000 after purchasing an additional 640 shares in the last quarter. Allworth Financial LP increased its position in shares of Innovator Defined Wealth Shield ETF by 5.6% in the third quarter. Allworth Financial LP now owns 12,142 shares of the company’s stock valued at $374,000 after buying an additional 642 shares in the last quarter. O Connor Financial Group LLC raised its stake in shares of Innovator Defined Wealth Shield ETF by 5.4% during the 3rd quarter. O Connor Financial Group LLC now owns 18,074 shares of the company’s stock worth $557,000 after buying an additional 922 shares during the period. OneDigital Investment Advisors LLC lifted its position in shares of Innovator Defined Wealth Shield ETF by 4.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 25,000 shares of the company’s stock valued at $771,000 after buying an additional 1,000 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in Innovator Defined Wealth Shield ETF in the 2nd quarter valued at $32,000.

Innovator Defined Wealth Shield ETF Company Profile

(Get Free Report)

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.