Triton Financial Group Inc Invests $2.62 Million in Innovator Defined Wealth Shield ETF $BALT

Triton Financial Group Inc acquired a new position in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 81,782 shares of the company’s stock, valued at approximately $2,624,000. Innovator Defined Wealth Shield ETF comprises 1.9% of Triton Financial Group Inc’s holdings, making the stock its 12th largest position. Triton Financial Group Inc owned about 0.18% of Innovator Defined Wealth Shield ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of BALT. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 1st quarter valued at about $42,000. Hazlett Burt & Watson Inc. raised its holdings in shares of Innovator Defined Wealth Shield ETF by 69.3% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,287 shares of the company’s stock valued at $42,000 after purchasing an additional 527 shares during the period. Larson Financial Group LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 1st quarter valued at about $60,000. IFP Advisors Inc bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 1st quarter valued at about $102,000. Finally, Alaska Permanent Capital Management LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 2nd quarter valued at about $167,000.

Innovator Defined Wealth Shield ETF Stock Performance

Shares of BALT stock opened at $32.91 on Tuesday. The firm’s 50-day moving average is $32.69 and its 200-day moving average is $32.12. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14. Innovator Defined Wealth Shield ETF has a 52-week low of $29.35 and a 52-week 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.