Innovator Defined Wealth Shield ETF (BATS:BALT) Reaches New 1-Year High – Time to Buy?

Innovator Defined Wealth Shield ETF (BATS:BALT) reached a new 52-week high on Friday . The stock traded as high as $34.22 and last traded at $34.13, with a volume of 32703 shares trading hands. The stock had previously closed at $34.12.

Innovator Defined Wealth Shield ETF Trading Down 0.0%

The firm has a 50-day moving average of $33.77 and a 200 day moving average of $33.55. The stock has a market capitalization of $1.58 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14.

Institutional Investors Weigh In On Innovator Defined Wealth Shield ETF

Several hedge funds and other institutional investors have recently bought and sold shares of BALT. JPMorgan Chase & Co. increased its holdings in Innovator Defined Wealth Shield ETF by 46,021.3% during the 4th quarter. JPMorgan Chase & Co. now owns 4,025,929 shares of the company’s stock worth $134,909,000 after purchasing an additional 4,017,200 shares during the last quarter. Reliant Wealth Planning increased its holdings in shares of Innovator Defined Wealth Shield ETF by 2,527.0% in the 3rd quarter. Reliant Wealth Planning now owns 957,346 shares of the company’s stock valued at $31,420,000 after acquiring an additional 920,903 shares during the last quarter. Foundations Investment Advisors LLC increased its holdings in shares of Innovator Defined Wealth Shield ETF by 129.2% in the 4th quarter. Foundations Investment Advisors LLC now owns 1,226,639 shares of the company’s stock valued at $41,105,000 after acquiring an additional 691,493 shares during the last quarter. Lee Johnson Capital Management LLC increased its holdings in shares of Innovator Defined Wealth Shield ETF by 70.7% in the 1st quarter. Lee Johnson Capital Management LLC now owns 1,402,959 shares of the company’s stock valued at $46,950,000 after acquiring an additional 580,979 shares during the last quarter. Finally, Personal CFO Solutions LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 1st quarter valued at approximately $18,415,000.

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.