Smith Moore & CO. Buys 3,468 Shares of Innovator Defined Wealth Shield ETF (BATS:BALT)

Smith Moore & CO. increased its stake in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 27.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 16,278 shares of the company’s stock after acquiring an additional 3,468 shares during the quarter. Smith Moore & CO.’s holdings in Innovator Defined Wealth Shield ETF were worth $511,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of BALT. Steward Partners Investment Advisory LLC increased its position in Innovator Defined Wealth Shield ETF by 79.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 14,081 shares of the company’s stock worth $442,000 after buying an additional 6,234 shares during the period. Glen Eagle Advisors LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF in the third quarter valued at about $3,024,000. Silver Oak Securities Incorporated increased its position in Innovator Defined Wealth Shield ETF by 14.2% during the fourth quarter. Silver Oak Securities Incorporated now owns 74,663 shares of the company’s stock worth $2,346,000 after acquiring an additional 9,286 shares during the period. Legacy Investment Solutions LLC bought a new position in Innovator Defined Wealth Shield ETF during the third quarter worth about $83,000. Finally, Allworth Financial LP raised its stake in Innovator Defined Wealth Shield ETF by 111.4% in the 4th quarter. Allworth Financial LP now owns 25,674 shares of the company’s stock worth $813,000 after purchasing an additional 13,532 shares in the last quarter.

Innovator Defined Wealth Shield ETF Stock Down 2.8 %

Shares of BATS:BALT opened at $30.57 on Friday. The firm has a market cap of $1.30 billion, a PE ratio of 26.17 and a beta of 0.14. Innovator Defined Wealth Shield ETF has a 12-month low of $28.96 and a 12-month high of $31.99. The company’s 50 day moving average price is $31.56 and its two-hundred day moving average price is $31.33.

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.