Diversify Advisory Services LLC Buys New Stake in Innovator Defined Wealth Shield ETF (BATS:BALT)

Diversify Advisory Services LLC bought a new position in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 38,750 shares of the company’s stock, valued at approximately $1,133,000.

A number of other hedge funds also recently bought and sold shares of BALT. WealthPlan Investment Management LLC bought a new stake in Innovator Defined Wealth Shield ETF in the 3rd quarter valued at $446,000. Harbour Investments Inc. lifted its stake in shares of Innovator Defined Wealth Shield ETF by 10.4% in the third quarter. Harbour Investments Inc. now owns 33,140 shares of the company’s stock valued at $921,000 after buying an additional 3,123 shares during the period. Sunbelt Securities Inc. grew its position in Innovator Defined Wealth Shield ETF by 5.1% during the third quarter. Sunbelt Securities Inc. now owns 299,633 shares of the company’s stock worth $8,330,000 after buying an additional 14,580 shares in the last quarter. Brookstone Capital Management increased its stake in Innovator Defined Wealth Shield ETF by 10.5% during the fourth quarter. Brookstone Capital Management now owns 733,243 shares of the company’s stock valued at $20,949,000 after acquiring an additional 69,772 shares during the period. Finally, Independent Wealth Network Inc. acquired a new position in Innovator Defined Wealth Shield ETF in the 4th quarter valued at approximately $270,000.

Innovator Defined Wealth Shield ETF Price Performance

BALT traded up $0.06 during trading on Friday, reaching $30.20. 211,745 shares of the company’s stock were exchanged. The company has a market cap of $656.85 million, a P/E ratio of 21.98 and a beta of 0.18. The firm has a fifty day moving average of $29.63 and a 200 day moving average of $29.16.

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.