Innovator Defined Wealth Shield ETF $BALT Stock: MBL Wealth LLC Raises Stake

MBL Wealth LLC lifted its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 233.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,300 shares of the company’s stock after purchasing an additional 26,800 shares during the quarter. MBL Wealth LLC owned 0.08% of Innovator Defined Wealth Shield ETF worth $1,339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Sound Income Strategies LLC purchased a new stake in Innovator Defined Wealth Shield ETF during the 1st quarter valued at about $28,000. Root Financial Partners LLC purchased a new position in Innovator Defined Wealth Shield ETF in the third quarter worth about $55,000. Physician Wealth Advisors Inc. bought a new position in shares of Innovator Defined Wealth Shield ETF in the third quarter worth approximately $65,000. Waverly Advisors LLC bought a new position in shares of Innovator Defined Wealth Shield ETF in the first quarter worth approximately $68,000. Finally, Noble Wealth Management PBC lifted its stake in shares of Innovator Defined Wealth Shield ETF by 18.4% in the second quarter. Noble Wealth Management PBC now owns 2,250 shares of the company’s stock worth $77,000 after buying an additional 350 shares in the last quarter.

Innovator Defined Wealth Shield ETF Stock Down 0.3%

BATS:BALT opened at $35.01 on Friday. The company’s 50 day moving average price is $34.87 and its 200-day moving average price is $34.42. Innovator Defined Wealth Shield ETF has a 52 week low of $32.79 and a 52 week high of $35.15. The stock has a market cap of $1.63 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14.

About Innovator Defined Wealth Shield ETF

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.