25,362 Shares in Innovator Defined Wealth Shield ETF (BATS:BALT) Bought by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC purchased a new position in Innovator Defined Wealth Shield ETF (BATS:BALT) in the first quarter, Holdings Channel.com reports. The firm purchased 25,362 shares of the company’s stock, valued at approximately $796,000.

A number of other institutional investors and hedge funds have also bought and sold shares of BALT. Wells Fargo & Company MN purchased a new position in shares of Innovator Defined Wealth Shield ETF in the fourth quarter worth $26,000. Blair William & Co. IL bought a new stake in Innovator Defined Wealth Shield ETF in the 4th quarter valued at $38,000. NBC Securities Inc. purchased a new stake in Innovator Defined Wealth Shield ETF in the 1st quarter worth $234,000. SRS Capital Advisors Inc. bought a new position in shares of Innovator Defined Wealth Shield ETF during the 4th quarter valued at about $236,000. Finally, Integrated Advisors Network LLC purchased a new position in shares of Innovator Defined Wealth Shield ETF during the fourth quarter valued at about $271,000.

Innovator Defined Wealth Shield ETF Trading Up 3.5%

Shares of BALT stock opened at $32.00 on Wednesday. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14. Innovator Defined Wealth Shield ETF has a 12-month low of $29.35 and a 12-month high of $32.08. The stock’s 50-day moving average price is $31.59 and its 200-day moving average price is $31.52.

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.