Stegent Equity Advisors Inc. Buys 3,514 Shares of Innovator Defined Wealth Shield ETF $BALT

Stegent Equity Advisors Inc. grew its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 26.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,721 shares of the company’s stock after acquiring an additional 3,514 shares during the period. Stegent Equity Advisors Inc.’s holdings in Innovator Defined Wealth Shield ETF were worth $536,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. grew its stake in 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 worth $42,000 after acquiring an additional 527 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in Innovator Defined Wealth Shield ETF in the 1st quarter worth about $42,000. Larson Financial Group LLC bought a new position in Innovator Defined Wealth Shield ETF in the 1st quarter worth about $60,000. IFP Advisors Inc bought a new position in Innovator Defined Wealth Shield ETF in the 1st quarter worth about $102,000. Finally, Alaska Permanent Capital Management LLC bought a new position in Innovator Defined Wealth Shield ETF in the 2nd quarter worth about $167,000.

Innovator Defined Wealth Shield ETF Stock Performance

BATS BALT opened at $32.99 on Friday. The firm’s 50 day moving average price is $32.73 and its 200-day moving average price is $32.18. Innovator Defined Wealth Shield ETF has a 52-week low of $29.35 and a 52-week high of $32.34. The company has a market cap of $1.53 billion, a PE 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.