Innovator Defined Wealth Shield ETF (BATS:BALT) Hits New 52-Week High – Here’s Why

Innovator Defined Wealth Shield ETF (BATS:BALT) reached a new 52-week high during trading on Tuesday . The stock traded as high as $34.22 and last traded at $34.19, with a volume of 47104 shares. The stock had previously closed at $34.17.

Innovator Defined Wealth Shield ETF Stock Down 0.1%

The firm has a 50 day moving average of $33.92 and a 200 day moving average of $33.65. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14.

Institutional Investors Weigh In On Innovator Defined Wealth Shield ETF

Several large investors have recently added to or reduced their stakes in BALT. Sound Income Strategies LLC acquired a new stake in Innovator Defined Wealth Shield ETF during the first quarter worth approximately $28,000. GGM Financials LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF during the third quarter valued at about $33,000. Motiv8 Investments LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF during the fourth quarter valued at about $44,000. Waverly Advisors LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF during the first quarter valued at about $68,000. Finally, Caitlin John LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF during the third quarter valued at about $78,000.

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.