Innovator Defined Wealth Shield ETF (BATS:BALT) Hits New 52-Week High – What’s Next?

Innovator Defined Wealth Shield ETF (BATS:BALT)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $34.08 and last traded at $34.04, with a volume of 7537 shares trading hands. The stock had previously closed at $34.00.

Innovator Defined Wealth Shield ETF Trading Up 0.2%

The stock’s fifty day moving average price is $33.72 and its 200-day moving average price is $33.51. The firm has a market cap 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 added to or reduced their stakes in BALT. Sound Income Strategies LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF in the 1st quarter valued at $28,000. GGM Financials LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF during the 3rd quarter worth about $33,000. Motiv8 Investments LLC purchased a new stake in Innovator Defined Wealth Shield ETF in the 4th quarter valued at about $44,000. Caitlin John LLC purchased a new stake in Innovator Defined Wealth Shield ETF in the 3rd quarter valued at about $78,000. Finally, NWF Advisory Services Inc. acquired a new position in Innovator Defined Wealth Shield ETF in the third quarter valued at about $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.