Innovator Defined Wealth Shield ETF (BATS:BALT) Sets New 52-Week High – Should You Buy?

Shares of Innovator Defined Wealth Shield ETF (BATS:BALTGet Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as $34.77 and last traded at $34.77, with a volume of 155651 shares trading hands. The stock had previously closed at $34.72.

Innovator Defined Wealth Shield ETF Trading Down 0.1%

The business’s 50 day moving average is $34.47 and its two-hundred day moving average is $34.07. The company has a market cap of $1.61 billion, a PE ratio of 24.42 and a beta of 0.14.

Institutional Investors Weigh In On Innovator Defined Wealth Shield ETF

A number of institutional investors and hedge funds have recently bought and sold shares of BALT. JPMorgan Chase & Co. boosted its stake in shares of Innovator Defined Wealth Shield ETF by 46,021.3% in the fourth quarter. JPMorgan Chase & Co. now owns 4,025,929 shares of the company’s stock worth $134,909,000 after acquiring an additional 4,017,200 shares during the period. Wealthquest Corp lifted its holdings in Innovator Defined Wealth Shield ETF by 36.9% in the 1st quarter. Wealthquest Corp now owns 3,233,718 shares of the company’s stock worth $108,216,000 after purchasing an additional 871,138 shares in the last quarter. Foundations Investment Advisors LLC lifted its holdings in Innovator Defined Wealth Shield ETF by 129.2% in the 4th quarter. Foundations Investment Advisors LLC now owns 1,226,639 shares of the company’s stock worth $41,105,000 after purchasing an additional 691,493 shares in the last quarter. Lee Johnson Capital Management LLC boosted its stake in Innovator Defined Wealth Shield ETF by 70.7% in the 1st quarter. Lee Johnson Capital Management LLC now owns 1,402,959 shares of the company’s stock worth $46,950,000 after purchasing an additional 580,979 shares during the period. Finally, Personal CFO Solutions LLC bought a new position in Innovator Defined Wealth Shield ETF in the 1st quarter worth approximately $18,415,000.

Innovator Defined Wealth Shield ETF Company Profile

(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.

Further Reading

Receive News & Ratings for Innovator Defined Wealth Shield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innovator Defined Wealth Shield ETF and related companies with MarketBeat.com's FREE daily email newsletter.