Archford Capital Strategies LLC Makes New Investment in Innovator Defined Wealth Shield ETF (BATS:BALT)

Archford Capital Strategies LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 55,107 shares of the company’s stock, valued at approximately $1,729,000.

A number of other institutional investors have also recently made changes to their positions in BALT. Raymond James Financial Inc. bought a new position in Innovator Defined Wealth Shield ETF during the fourth quarter valued at approximately $24,971,000. Kure Advisory LLC purchased a new stake in shares of Innovator Defined Wealth Shield ETF during the 1st quarter worth approximately $18,313,000. NBZ Investment Advisors LLC bought a new position in shares of Innovator Defined Wealth Shield ETF during the 4th quarter valued at approximately $12,419,000. Cetera Investment Advisers grew its holdings in shares of Innovator Defined Wealth Shield ETF by 28.2% in the fourth quarter. Cetera Investment Advisers now owns 767,323 shares of the company’s stock valued at $24,109,000 after purchasing an additional 169,004 shares in the last quarter. Finally, Prairie Wealth Advisors Inc. increased its position in Innovator Defined Wealth Shield ETF by 131.4% in the first quarter. Prairie Wealth Advisors Inc. now owns 220,581 shares of the company’s stock worth $6,922,000 after purchasing an additional 125,256 shares during the last quarter.

Innovator Defined Wealth Shield ETF Stock Up 3.7%

Innovator Defined Wealth Shield ETF stock opened at $32.08 on Wednesday. Innovator Defined Wealth Shield ETF has a 52-week low of $29.35 and a 52-week high of $32.15. The firm’s fifty day moving average is $31.70 and its 200 day moving average is $31.55. The company 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 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.