Stegent Equity Advisors Inc. Boosts Holdings in Innovator Defined Wealth Shield ETF $BALT

Stegent Equity Advisors Inc. boosted its position in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 26.6% in the second quarter, HoldingsChannel reports. The fund owned 16,721 shares of the company’s stock after purchasing an additional 3,514 shares during the quarter. Stegent Equity Advisors Inc.’s holdings in Innovator Defined Wealth Shield ETF were worth $536,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Hazlett Burt & Watson Inc. raised its holdings in shares of Innovator Defined Wealth Shield ETF by 69.3% in the second quarter. Hazlett Burt & Watson Inc. now owns 1,287 shares of the company’s stock worth $42,000 after buying an additional 527 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Innovator Defined Wealth Shield ETF in the first quarter worth $42,000. Larson Financial Group LLC purchased a new position in shares of Innovator Defined Wealth Shield ETF in the first quarter worth $60,000. IFP Advisors Inc purchased a new position in shares of Innovator Defined Wealth Shield ETF in the first quarter worth $102,000. Finally, Alaska Permanent Capital Management LLC purchased a new position in shares of Innovator Defined Wealth Shield ETF in the second quarter worth $167,000.

Innovator Defined Wealth Shield ETF Trading Up 6.7%

BATS BALT opened at $32.99 on Friday. The company has a fifty day simple moving average of $32.73 and a two-hundred day simple moving average of $32.18. The stock has a market cap of $1.53 billion, a P/E ratio of 24.42 and a beta of 0.14. 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.