Innovator Defined Wealth Shield ETF (BATS:BALT) is Financial Designs Corp’s 9th Largest Position

Financial Designs Corp grew its stake in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 2.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 182,581 shares of the company’s stock after acquiring an additional 4,765 shares during the period. Innovator Defined Wealth Shield ETF comprises 4.0% of Financial Designs Corp’s investment portfolio, making the stock its 9th biggest position. Financial Designs Corp owned approximately 0.43% of Innovator Defined Wealth Shield ETF worth $5,729,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in BALT. Wells Fargo & Company MN bought a new stake in Innovator Defined Wealth Shield ETF during the 4th quarter worth approximately $26,000. Blair William & Co. IL purchased a new position in shares of Innovator Defined Wealth Shield ETF during the fourth quarter worth approximately $38,000. Palumbo Wealth Management LLC bought a new stake in Innovator Defined Wealth Shield ETF in the fourth quarter worth $224,000. NBC Securities Inc. purchased a new stake in Innovator Defined Wealth Shield ETF during the 1st quarter valued at about $234,000. Finally, SRS Capital Advisors Inc. bought a new position in shares of Innovator Defined Wealth Shield ETF in the fourth quarter worth approximately $236,000.

Innovator Defined Wealth Shield ETF Trading Up 3.4%

Shares of BATS:BALT opened at $31.98 on Monday. The company has a market cap of $1.47 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14. The company has a 50-day moving average price of $31.42 and a 200-day moving average price of $31.49. Innovator Defined Wealth Shield ETF has a 12 month low of $29.35 and a 12 month high of $31.99.

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.