Fermata Advisors LLC Lowers Stock Holdings in Innovator Defined Wealth Shield ETF (BATS:BALT)

Fermata Advisors LLC lessened its stake in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 15.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,638 shares of the company’s stock after selling 1,888 shares during the quarter. Fermata Advisors LLC’s holdings in Innovator Defined Wealth Shield ETF were worth $334,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Legacy Investment Solutions LLC purchased a new position in Innovator Defined Wealth Shield ETF during the 3rd quarter worth $83,000. Continuum Wealth Advisors LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF during the third quarter worth about $200,000. Souders Financial Advisors purchased a new position in Innovator Defined Wealth Shield ETF during the second quarter worth about $218,000. Gladstone Institutional Advisory LLC acquired a new stake in Innovator Defined Wealth Shield ETF in the third quarter valued at about $234,000. Finally, Concourse Financial Group Securities Inc. boosted its holdings in Innovator Defined Wealth Shield ETF by 43.6% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 7,962 shares of the company’s stock valued at $245,000 after purchasing an additional 2,416 shares in the last quarter.

Innovator Defined Wealth Shield ETF Trading Up 0.6 %

Shares of BALT stock opened at $31.63 on Friday. The stock has a market cap of $687.84 million, a P/E ratio of 21.98 and a beta of 0.18. The stock’s 50-day simple moving average is $31.40 and its 200 day simple moving average is $30.83.

Innovator Defined Wealth Shield ETF 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.