Atria Wealth Solutions Inc. Cuts Holdings in Innovator Defined Wealth Shield ETF $BALT

Atria Wealth Solutions Inc. trimmed its holdings in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 29.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 177,994 shares of the company’s stock after selling 73,629 shares during the period. Atria Wealth Solutions Inc. owned about 0.38% of Innovator Defined Wealth Shield ETF worth $5,710,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of BALT. Raymond James Financial Inc. raised its stake in shares of Innovator Defined Wealth Shield ETF by 131.6% during the 1st quarter. Raymond James Financial Inc. now owns 1,840,764 shares of the company’s stock worth $57,763,000 after buying an additional 1,046,019 shares in the last quarter. Clear Creek Financial Management LLC raised its stake in shares of Innovator Defined Wealth Shield ETF by 5,521.0% during the 2nd quarter. Clear Creek Financial Management LLC now owns 588,185 shares of the company’s stock worth $18,869,000 after buying an additional 577,721 shares in the last quarter. Arlington Capital Management Inc. purchased a new position in shares of Innovator Defined Wealth Shield ETF during the 1st quarter worth approximately $14,847,000. Consolidated Planning Corp purchased a new position in shares of Innovator Defined Wealth Shield ETF during the 2nd quarter worth approximately $11,781,000. Finally, Wealthquest Corp raised its stake in shares of Innovator Defined Wealth Shield ETF by 11.8% during the 1st quarter. Wealthquest Corp now owns 3,442,846 shares of the company’s stock worth $108,037,000 after buying an additional 362,959 shares in the last quarter.

Innovator Defined Wealth Shield ETF Trading Up 6.1%

Shares of BALT stock opened at $32.81 on Tuesday. The company has a market cap of $1.52 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14. The stock has a 50 day simple moving average of $32.65 and a 200-day simple moving average of $32.06. Innovator Defined Wealth Shield ETF has a 12-month low of $29.35 and a 12-month high of $32.34.

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.