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

Stegent Equity Advisors Inc. reduced its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 52.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,075 shares of the company’s stock after selling 19,702 shares during the quarter. Stegent Equity Advisors Inc.’s holdings in Innovator Defined Wealth Shield ETF were worth $605,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in shares of Innovator Defined Wealth Shield ETF by 46,021.3% during the 4th quarter. JPMorgan Chase & Co. now owns 4,025,929 shares of the company’s stock worth $134,909,000 after acquiring an additional 4,017,200 shares during the period. Osaic Holdings Inc. grew its holdings in shares of Innovator Defined Wealth Shield ETF by 4.8% in the fourth quarter. Osaic Holdings Inc. now owns 2,441,139 shares of the company’s stock valued at $81,802,000 after purchasing an additional 111,344 shares during the period. Raymond James Financial Inc. grew its holdings in shares of Innovator Defined Wealth Shield ETF by 24.5% in the third quarter. Raymond James Financial Inc. now owns 2,104,517 shares of the company’s stock valued at $69,070,000 after purchasing an additional 413,938 shares during the period. Cetera Investment Advisers grew its holdings in shares of Innovator Defined Wealth Shield ETF by 22.7% in the fourth quarter. Cetera Investment Advisers now owns 1,528,969 shares of the company’s stock valued at $51,236,000 after purchasing an additional 282,713 shares during the period. Finally, Lee Johnson Capital Management LLC increased its position in Innovator Defined Wealth Shield ETF by 70.7% during the first quarter. Lee Johnson Capital Management LLC now owns 1,402,959 shares of the company’s stock worth $46,950,000 after purchasing an additional 580,979 shares during the last quarter.

Innovator Defined Wealth Shield ETF Price Performance

Shares of BALT stock opened at $34.28 on Thursday. The firm’s 50-day moving average is $34.11 and its two-hundred day moving average is $33.78. Innovator Defined Wealth Shield ETF has a 12 month low of $32.08 and a 12 month high of $34.36. The company has a market capitalization of $1.59 billion, a PE ratio of 24.42 and a beta of 0.14.

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.