Innovator Defined Wealth Shield ETF (BATS:BALT) Shares Sold by Financial Designs Corp

Financial Designs Corp cut its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 177,816 shares of the company’s stock after selling 2,512 shares during the period. Innovator Defined Wealth Shield ETF accounts for 3.7% of Financial Designs Corp’s portfolio, making the stock its 10th largest position. Financial Designs Corp owned approximately 0.82% of Innovator Defined Wealth Shield ETF worth $5,587,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in BALT. Core Wealth Advisors Inc. increased its position in shares of Innovator Defined Wealth Shield ETF by 516.5% in the 2nd quarter. Core Wealth Advisors Inc. now owns 82,770 shares of the company’s stock worth $2,486,000 after purchasing an additional 69,345 shares during the last quarter. NewEdge Advisors LLC raised its stake in Innovator Defined Wealth Shield ETF by 109.4% during the second quarter. NewEdge Advisors LLC now owns 32,493 shares of the company’s stock valued at $976,000 after buying an additional 16,979 shares in the last quarter. Sunbelt Securities Inc. lifted its holdings in Innovator Defined Wealth Shield ETF by 1.3% during the 2nd quarter. Sunbelt Securities Inc. now owns 381,928 shares of the company’s stock worth $11,469,000 after buying an additional 5,004 shares during the last quarter. Regal Investment Advisors LLC grew its position in shares of Innovator Defined Wealth Shield ETF by 12.5% in the 2nd quarter. Regal Investment Advisors LLC now owns 30,645 shares of the company’s stock worth $920,000 after acquiring an additional 3,414 shares in the last quarter. Finally, Souders Financial Advisors bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 2nd quarter valued at approximately $218,000.

Innovator Defined Wealth Shield ETF Stock Performance

BALT stock opened at $31.74 on Friday. The firm has a market cap of $690.24 million, a price-to-earnings ratio of 21.98 and a beta of 0.18. The firm’s 50-day moving average price is $31.43 and its 200 day moving average price is $30.87.

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.