Focus Financial Network Inc. Makes New $477,000 Investment in Innovator Defined Wealth Shield ETF (BATS:BALT)

Focus Financial Network Inc. bought a new position in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 15,770 shares of the company’s stock, valued at approximately $477,000. Focus Financial Network Inc. owned 0.07% of Innovator Defined Wealth Shield ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of BALT. Triad Wealth Partners LLC purchased a new position in Innovator Defined Wealth Shield ETF in the 2nd quarter worth approximately $65,000. Concourse Financial Group Securities Inc. grew its position in Innovator Defined Wealth Shield ETF by 325.5% in the first quarter. Concourse Financial Group Securities Inc. now owns 3,425 shares of the company’s stock worth $100,000 after acquiring an additional 2,620 shares in the last quarter. Core Wealth Advisors Inc. bought a new position in Innovator Defined Wealth Shield ETF in the fourth quarter valued at $149,000. Waller Financial Planning Group Inc. purchased a new stake in Innovator Defined Wealth Shield ETF during the second quarter valued at about $240,000. Finally, Madison Wealth Partners Inc bought a new stake in Innovator Defined Wealth Shield ETF during the fourth quarter worth about $276,000.

Innovator Defined Wealth Shield ETF Stock Up 0.1 %

Shares of BALT traded up $0.03 during midday trading on Wednesday, reaching $30.43. The stock had a trading volume of 230,778 shares. The firm has a market capitalization of $661.85 million, a P/E ratio of 21.98 and a beta of 0.18. The business has a 50-day moving average price of $30.11 and a 200-day moving average price of $29.52.

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.