LPL Financial LLC Raises Holdings in Innovator Defined Wealth Shield ETF (BATS:BALT)

LPL Financial LLC boosted its stake in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 16.8% in the 1st quarter, HoldingsChannel reports. The fund owned 121,498 shares of the company’s stock after buying an additional 17,481 shares during the quarter. LPL Financial LLC’s holdings in Innovator Defined Wealth Shield ETF were worth $3,813,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its holdings in Innovator Defined Wealth Shield ETF by 15.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,834,621 shares of the company’s stock valued at $57,570,000 after acquiring an additional 244,031 shares during the period. Raymond James Financial Inc. purchased a new stake in Innovator Defined Wealth Shield ETF during the 4th quarter valued at about $24,971,000. Cetera Investment Advisers boosted its holdings in Innovator Defined Wealth Shield ETF by 28.2% during the 4th quarter. Cetera Investment Advisers now owns 767,323 shares of the company’s stock valued at $24,109,000 after acquiring an additional 169,004 shares during the period. Crown Wealth Group LLC boosted its holdings in Innovator Defined Wealth Shield ETF by 11.8% during the 1st quarter. Crown Wealth Group LLC now owns 712,329 shares of the company’s stock valued at $22,353,000 after acquiring an additional 75,376 shares during the period. Finally, Brookstone Capital Management boosted its holdings in Innovator Defined Wealth Shield ETF by 2.1% during the 1st quarter. Brookstone Capital Management now owns 609,619 shares of the company’s stock valued at $19,130,000 after acquiring an additional 12,372 shares during the period.

Innovator Defined Wealth Shield ETF Price Performance

BALT opened at $32.51 on Friday. The business has a 50 day simple moving average of $32.21 and a two-hundred day simple moving average of $31.75. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14. Innovator Defined Wealth Shield ETF has a one year low of $29.35 and a one year high of $32.34.

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.