Wealthquest Corp Buys 871,138 Shares of Innovator Defined Wealth Shield ETF $BALT

Wealthquest Corp grew its stake in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 36.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,233,718 shares of the company’s stock after buying an additional 871,138 shares during the period. Innovator Defined Wealth Shield ETF accounts for approximately 7.7% of Wealthquest Corp’s holdings, making the stock its 4th biggest holding. Wealthquest Corp owned approximately 6.96% of Innovator Defined Wealth Shield ETF worth $108,216,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sound Income Strategies LLC acquired a new position in Innovator Defined Wealth Shield ETF in the first quarter valued at $28,000. Motiv8 Investments LLC acquired a new stake in Innovator Defined Wealth Shield ETF during the fourth quarter worth about $44,000. Waverly Advisors LLC acquired a new stake in Innovator Defined Wealth Shield ETF during the first quarter worth about $68,000. Betterment LLC purchased a new position in shares of Innovator Defined Wealth Shield ETF in the 3rd quarter worth about $207,000. Finally, Csenge Advisory Group purchased a new position in shares of Innovator Defined Wealth Shield ETF in the 4th quarter worth about $226,000.

Innovator Defined Wealth Shield ETF Price Performance

BATS BALT opened at $34.44 on Friday. Innovator Defined Wealth Shield ETF has a 1-year low of $32.21 and a 1-year high of $34.46. The firm has a market capitalization of $1.60 billion, a P/E ratio of 24.42 and a beta of 0.14. The business’s 50-day simple moving average is $34.27 and its 200-day simple moving average is $33.92.

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.