Truist Financial Corp Has $5.43 Million Stake in Innovator Defined Wealth Shield ETF $BALT

Truist Financial Corp raised its holdings in Innovator Defined Wealth Shield ETF (BATS:BALT) by 27.3% in the fourth quarter, Holdings Channel reports. The fund owned 162,145 shares of the company’s stock after acquiring an additional 34,737 shares during the period. Truist Financial Corp’s holdings in Innovator Defined Wealth Shield ETF were worth $5,433,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. grew its stake in Innovator Defined Wealth Shield ETF by 24.5% in the third quarter. Raymond James Financial Inc. now owns 2,104,517 shares of the company’s stock valued at $69,070,000 after acquiring an additional 413,938 shares during the period. Envestnet Asset Management Inc. raised its stake in Innovator Defined Wealth Shield ETF by 6.3% in the third quarter. Envestnet Asset Management Inc. now owns 1,825,207 shares of the company’s stock valued at $59,903,000 after buying an additional 107,652 shares during the period. Orion Porfolio Solutions LLC raised its stake in Innovator Defined Wealth Shield ETF by 14.7% in the third quarter. Orion Porfolio Solutions LLC now owns 965,795 shares of the company’s stock valued at $31,697,000 after buying an additional 124,004 shares during the period. Reliant Wealth Planning lifted its holdings in Innovator Defined Wealth Shield ETF by 2,527.0% during the 3rd quarter. Reliant Wealth Planning now owns 957,346 shares of the company’s stock valued at $31,420,000 after purchasing an additional 920,903 shares during the last quarter. Finally, Crown Wealth Group LLC lifted its holdings in Innovator Defined Wealth Shield ETF by 7.8% during the 4th quarter. Crown Wealth Group LLC now owns 948,772 shares of the company’s stock valued at $31,793,000 after purchasing an additional 68,682 shares during the last quarter.

Innovator Defined Wealth Shield ETF Price Performance

Shares of Innovator Defined Wealth Shield ETF stock opened at $34.00 on Monday. The business has a fifty day simple moving average of $33.70 and a two-hundred day simple moving average of $33.48. Innovator Defined Wealth Shield ETF has a 1 year low of $31.54 and a 1 year high of $34.07. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14.

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.