Innovator Defined Wealth Shield ETF $BALT Shares Acquired by KFG Wealth Management LLC

KFG Wealth Management LLC increased its stake in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 79.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 106,040 shares of the company’s stock after acquiring an additional 47,103 shares during the period. KFG Wealth Management LLC’s holdings in Innovator Defined Wealth Shield ETF were worth $3,480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in BALT. Osaic Holdings Inc. boosted its holdings in shares of Innovator Defined Wealth Shield ETF by 29.8% during the second quarter. Osaic Holdings Inc. now owns 2,306,222 shares of the company’s stock valued at $73,983,000 after acquiring an additional 529,782 shares during the period. Raymond James Financial Inc. boosted its stake in 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 valued at $57,763,000 after purchasing an additional 1,046,019 shares during the period. Cetera Investment Advisers grew its position in Innovator Defined Wealth Shield ETF by 50.7% in the 2nd quarter. Cetera Investment Advisers now owns 1,072,378 shares of the company’s stock worth $34,402,000 after purchasing an additional 360,840 shares during the last quarter. Orion Porfolio Solutions LLC increased its stake in shares of Innovator Defined Wealth Shield ETF by 42.0% in the second quarter. Orion Porfolio Solutions LLC now owns 841,791 shares of the company’s stock valued at $27,005,000 after purchasing an additional 248,809 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its position in shares of Innovator Defined Wealth Shield ETF by 3.6% during the second quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 821,790 shares of the company’s stock worth $26,363,000 after buying an additional 28,224 shares during the period.

Innovator Defined Wealth Shield ETF Price Performance

BALT opened at $33.22 on Wednesday. The stock’s 50 day moving average price is $33.02 and its 200 day moving average price is $32.61. The stock has a market cap of $1.54 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 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.