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

Innovator Defined Wealth Shield ETF (BATS:BALT) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $33.92 and last traded at $33.89, with a volume of 20047 shares changing hands. The stock had previously closed at $33.90.

Innovator Defined Wealth Shield ETF Stock Up 0.0%

The firm has a market cap of $1.57 billion, a PE ratio of 24.42 and a beta of 0.14. The firm’s 50 day moving average is $33.66 and its 200-day moving average is $33.40.

Hedge Funds Weigh In On Innovator Defined Wealth Shield ETF

A number of large investors have recently bought and sold shares of the stock. GGM Financials LLC purchased a new position in Innovator Defined Wealth Shield ETF in the third quarter valued at approximately $33,000. Motiv8 Investments LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF in the fourth quarter worth $44,000. Caitlin John LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF in the third quarter worth $78,000. Geneos Wealth Management Inc. acquired a new stake in shares of Innovator Defined Wealth Shield ETF in the third quarter worth $90,000. Finally, NWF Advisory Services Inc. acquired a new stake in shares of Innovator Defined Wealth Shield ETF in the third quarter worth $201,000.

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.