Foundations Investment Advisors LLC Decreases Position in Innovator Defined Wealth Shield ETF (BATS:BALT)

Foundations Investment Advisors LLC decreased its position in Innovator Defined Wealth Shield ETF (BATS:BALT) by 9.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 199,068 shares of the company’s stock after selling 20,026 shares during the period. Foundations Investment Advisors LLC owned about 0.92% of Innovator Defined Wealth Shield ETF worth $6,255,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Legacy Investment Solutions LLC purchased a new stake in Innovator Defined Wealth Shield ETF in the 3rd quarter valued at approximately $83,000. Continuum Wealth Advisors LLC purchased a new stake in shares of Innovator Defined Wealth Shield ETF in the third quarter valued at $200,000. Souders Financial Advisors acquired a new stake in shares of Innovator Defined Wealth Shield ETF during the second quarter valued at $218,000. D.B. Root & Company LLC purchased a new stake in Innovator Defined Wealth Shield ETF during the 4th quarter worth about $231,000. Finally, Gladstone Institutional Advisory LLC purchased a new stake in Innovator Defined Wealth Shield ETF during the 3rd quarter worth about $234,000.

Innovator Defined Wealth Shield ETF Stock Performance

BATS:BALT opened at $31.66 on Tuesday. The stock has a market cap of $688.50 million, a price-to-earnings ratio of 21.98 and a beta of 0.18. The company has a 50-day moving average price of $31.45 and a 200-day moving average price of $30.90.

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.