Cannon Advisors Inc. Grows Stock Position in Innovator Defined Wealth Shield ETF (BATS:BALT)

Cannon Advisors Inc. raised its position in Innovator Defined Wealth Shield ETF (BATS:BALT) by 9.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,042 shares of the company’s stock after buying an additional 5,809 shares during the quarter. Innovator Defined Wealth Shield ETF comprises about 1.8% of Cannon Advisors Inc.’s holdings, making the stock its 18th largest position. Cannon Advisors Inc. owned about 0.31% of Innovator Defined Wealth Shield ETF worth $2,138,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Blair William & Co. IL bought a new stake in Innovator Defined Wealth Shield ETF in the 4th quarter valued at about $38,000. Legacy Investment Solutions LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF in the third quarter valued at approximately $83,000. Palumbo Wealth Management LLC purchased a new stake in shares of Innovator Defined Wealth Shield ETF during the 4th quarter valued at approximately $224,000. D.B. Root & Company LLC purchased a new stake in shares of Innovator Defined Wealth Shield ETF during the 4th quarter valued at approximately $231,000. Finally, SRS Capital Advisors Inc. bought a new position in Innovator Defined Wealth Shield ETF in the 4th quarter worth approximately $236,000.

Innovator Defined Wealth Shield ETF Price Performance

Shares of BALT stock opened at $31.38 on Tuesday. Innovator Defined Wealth Shield ETF has a 1 year low of $28.96 and a 1 year high of $31.99. The company’s fifty day simple moving average is $31.61 and its two-hundred day simple moving average is $31.32. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of 26.13 and a beta of 0.13.

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.