Avantax Advisory Services Inc. Has $1.17 Million Stake in Innovator Defined Wealth Shield ETF (BATS:BALT)

Avantax Advisory Services Inc. lifted its position in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 402.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,141 shares of the company’s stock after acquiring an additional 29,754 shares during the quarter. Avantax Advisory Services Inc. owned approximately 0.17% of Innovator Defined Wealth Shield ETF worth $1,167,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of BALT. Kingsview Wealth Management LLC boosted its holdings in shares of Innovator Defined Wealth Shield ETF by 669.6% during the 3rd quarter. Kingsview Wealth Management LLC now owns 1,653,091 shares of the company’s stock valued at $50,965,000 after acquiring an additional 1,438,282 shares in the last quarter. Wealthquest Corp boosted its holdings in shares of Innovator Defined Wealth Shield ETF by 49.6% during the 4th quarter. Wealthquest Corp now owns 3,079,887 shares of the company’s stock valued at $96,770,000 after acquiring an additional 1,021,486 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Innovator Defined Wealth Shield ETF during the 4th quarter worth about $24,971,000. Compass Advisory Group LLC lifted its holdings in Innovator Defined Wealth Shield ETF by 1,309.4% during the 4th quarter. Compass Advisory Group LLC now owns 654,883 shares of the company’s stock worth $20,576,000 after buying an additional 608,418 shares during the period. Finally, Gradient Investments LLC acquired a new position in Innovator Defined Wealth Shield ETF during the 4th quarter worth about $17,223,000.

Innovator Defined Wealth Shield ETF Trading Down 0.2 %

Shares of BALT opened at $31.37 on Thursday. The company has a market capitalization of $1.28 billion, a PE ratio of 26.13 and a beta of 0.13. Innovator Defined Wealth Shield ETF has a 12 month low of $28.96 and a 12 month high of $31.99. The stock’s 50-day moving average price is $31.63 and its two-hundred day moving average price is $31.26.

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.