Innovator Defined Wealth Shield ETF (BATS:BALT) Sets New 12-Month High – Time to Buy?

Innovator Defined Wealth Shield ETF (BATS:BALTGet Free Report) shares hit a new 52-week high on Monday . The stock traded as high as $34.47 and last traded at $34.47, with a volume of 3889 shares trading hands. The stock had previously closed at $34.44.

Innovator Defined Wealth Shield ETF Trading Up 0.3%

The business’s 50 day moving average is $34.29 and its 200 day moving average is $33.94. The stock has a market capitalization of $1.61 billion, a PE ratio of 24.42 and a beta of 0.14.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BALT. Sound Income Strategies LLC purchased a new stake in shares of Innovator Defined Wealth Shield ETF in the first quarter worth approximately $28,000. Motiv8 Investments LLC purchased a new position in Innovator Defined Wealth Shield ETF during the 4th quarter valued at $44,000. Waverly Advisors LLC bought a new position in Innovator Defined Wealth Shield ETF in the 1st quarter valued at $68,000. Noble Wealth Management PBC grew its position in Innovator Defined Wealth Shield ETF by 18.4% in the 2nd quarter. Noble Wealth Management PBC now owns 2,250 shares of the company’s stock valued at $77,000 after acquiring an additional 350 shares during the last quarter. Finally, Betterment LLC purchased a new stake in Innovator Defined Wealth Shield ETF in the third quarter worth $207,000.

About Innovator Defined Wealth Shield ETF

(Get Free Report)

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.

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