Somerset Trust Co Takes Position in Innovator Defined Wealth Shield ETF $BALT

Somerset Trust Co bought a new position in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) during the second quarter, according to its most recent filing with the SEC. The fund bought 26,043 shares of the company’s stock, valued at approximately $892,000. Somerset Trust Co owned 0.06% of Innovator Defined Wealth Shield ETF at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in Innovator Defined Wealth Shield ETF by 46,021.3% during the fourth quarter. JPMorgan Chase & Co. now owns 4,025,929 shares of the company’s stock worth $134,909,000 after buying an additional 4,017,200 shares during the last quarter. Wealthquest Corp boosted its stake in Innovator Defined Wealth Shield ETF by 36.9% in the first quarter. Wealthquest Corp now owns 3,233,718 shares of the company’s stock valued at $108,216,000 after acquiring an additional 871,138 shares during the last quarter. Osaic Holdings Inc. boosted its stake in 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 acquiring an additional 111,344 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of Innovator Defined Wealth Shield ETF by 24.5% during the 3rd quarter. Raymond James Financial Inc. now owns 2,104,517 shares of the company’s stock valued at $69,070,000 after acquiring an additional 413,938 shares during the period. Finally, Cetera Investment Advisers grew its position in shares of Innovator Defined Wealth Shield ETF by 4.1% during the 1st quarter. Cetera Investment Advisers now owns 1,592,364 shares of the company’s stock valued at $53,288,000 after acquiring an additional 63,395 shares during the period.

Innovator Defined Wealth Shield ETF Stock Up 0.3%

Shares of BALT stock opened at $34.54 on Tuesday. The company has a 50 day moving average of $34.28 and a 200-day moving average of $33.93. Innovator Defined Wealth Shield ETF has a 12-month low of $32.21 and a 12-month high of $34.54. The firm has a market cap of $1.60 billion, a P/E ratio of 24.42 and a beta of 0.14.

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.