Archford Capital Strategies LLC Boosts Holdings in Innovator Defined Wealth Shield ETF $BALT

Archford Capital Strategies LLC raised its holdings in Innovator Defined Wealth Shield ETF (BATS:BALT) by 16.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 64,214 shares of the company’s stock after purchasing an additional 9,107 shares during the period. Archford Capital Strategies LLC owned 0.14% of Innovator Defined Wealth Shield ETF worth $2,060,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Innovator Defined Wealth Shield ETF during the 1st quarter worth approximately $42,000. Larson Financial Group LLC purchased a new position in Innovator Defined Wealth Shield ETF during the first quarter worth $60,000. IFP Advisors Inc purchased a new position in Innovator Defined Wealth Shield ETF during the first quarter worth $102,000. Mattson Financial Services LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF in the first quarter worth $176,000. Finally, Modern Wealth Management LLC purchased a new stake in shares of Innovator Defined Wealth Shield ETF in the first quarter valued at $204,000.

Innovator Defined Wealth Shield ETF Stock Up 6.1%

BALT opened at $32.81 on Monday. The firm has a market cap of $1.52 billion, a P/E ratio of 24.42 and a beta of 0.14. The business’s fifty day simple moving average is $32.54 and its 200 day simple moving average is $31.95. 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 Company 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.