Signature Estate & Investment Advisors LLC Makes New Investment in Innovator Defined Wealth Shield ETF (BATS:BALT)

Signature Estate & Investment Advisors LLC acquired a new position in Innovator Defined Wealth Shield ETF (BATS:BALT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 40,974 shares of the company’s stock, valued at approximately $1,230,000. Signature Estate & Investment Advisors LLC owned about 0.19% of Innovator Defined Wealth Shield ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of BALT. Triad Wealth Partners LLC purchased a new stake in Innovator Defined Wealth Shield ETF in the 2nd quarter valued at about $65,000. Concourse Financial Group Securities Inc. boosted its holdings in shares of 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 valued at $100,000 after purchasing an additional 2,620 shares during the period. Core Wealth Advisors Inc. purchased a new position in Innovator Defined Wealth Shield ETF during the 4th quarter worth $149,000. Waller Financial Planning Group Inc. purchased a new position in Innovator Defined Wealth Shield ETF during the 2nd quarter worth $240,000. Finally, Madison Wealth Partners Inc purchased a new position in Innovator Defined Wealth Shield ETF during the 4th quarter worth $276,000.

Innovator Defined Wealth Shield ETF Stock Performance

BALT traded down $0.02 during trading on Tuesday, hitting $30.48. 79,214 shares of the stock were exchanged. The stock has a 50-day moving average price of $30.15 and a 200 day moving average price of $29.57. The firm has a market capitalization of $662.83 million, a price-to-earnings ratio of 21.98 and a beta of 0.18.

Innovator Defined Wealth Shield ETF 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.