Foundations Investment Advisors LLC Has $6.76 Million Stake in Innovator Defined Wealth Shield ETF (BATS:BALT)

Foundations Investment Advisors LLC lifted its position in Innovator Defined Wealth Shield ETF (BATS:BALT) by 136.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 219,094 shares of the company’s stock after purchasing an additional 126,434 shares during the quarter. Foundations Investment Advisors LLC owned 1.01% of Innovator Defined Wealth Shield ETF worth $6,755,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. ACT Advisors LLC. acquired a new stake in shares of Innovator Defined Wealth Shield ETF in the third quarter valued at approximately $413,000. Commonwealth Equity Services LLC grew its position in shares of Innovator Defined Wealth Shield ETF by 75.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,061,399 shares of the company’s stock worth $32,723,000 after buying an additional 457,963 shares during the period. Raymond James & Associates raised its stake in shares of Innovator Defined Wealth Shield ETF by 10.3% during the third quarter. Raymond James & Associates now owns 138,372 shares of the company’s stock worth $4,266,000 after buying an additional 12,946 shares during the last quarter. Continuum Wealth Advisors LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF in the 3rd quarter valued at $200,000. Finally, BCS Wealth Management boosted its holdings in Innovator Defined Wealth Shield ETF by 4.0% during the third quarter. BCS Wealth Management now owns 42,130 shares of the company’s stock worth $1,299,000 after buying an additional 1,623 shares during the last quarter.

Innovator Defined Wealth Shield ETF Stock Performance

Shares of BALT stock opened at $30.99 on Tuesday. The company has a market cap of $674.03 million, a PE ratio of 21.98 and a beta of 0.18. The company has a 50 day moving average of $30.62 and a 200-day moving average of $30.01.

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.