Innovator Defined Wealth Shield ETF (BATS:BALT) Shares Purchased by Wealthquest Corp

Wealthquest Corp grew its position in Innovator Defined Wealth Shield ETF (BATS:BALT) by 49.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 3,079,887 shares of the company’s stock after buying an additional 1,021,486 shares during the period. Innovator Defined Wealth Shield ETF makes up approximately 7.9% of Wealthquest Corp’s investment portfolio, making the stock its 4th largest position. Wealthquest Corp owned about 0.14% of Innovator Defined Wealth Shield ETF worth $96,770,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Legacy Investment Solutions LLC acquired a new stake in Innovator Defined Wealth Shield ETF in the third quarter worth about $83,000. Continuum Wealth Advisors LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF in the 3rd quarter worth approximately $200,000. Souders Financial Advisors acquired a new stake in shares of Innovator Defined Wealth Shield ETF in the 2nd quarter worth approximately $218,000. Gladstone Institutional Advisory LLC bought a new position in shares of Innovator Defined Wealth Shield ETF in the third quarter valued at approximately $234,000. Finally, Concourse Financial Group Securities Inc. increased its stake in shares of Innovator Defined Wealth Shield ETF by 43.6% during the third quarter. Concourse Financial Group Securities Inc. now owns 7,962 shares of the company’s stock valued at $245,000 after acquiring an additional 2,416 shares during the period.

Innovator Defined Wealth Shield ETF Price Performance

BALT opened at $31.63 on Tuesday. The business has a fifty day moving average price of $31.40 and a 200 day moving average price of $30.85. The firm has a market capitalization of $687.84 million, a P/E ratio of 21.98 and a beta of 0.18.

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.