Glen Eagle Advisors LLC Grows Holdings in Innovator Defined Wealth Shield ETF $BALT

Glen Eagle Advisors LLC boosted its position in Innovator Defined Wealth Shield ETF (BATS:BALT) by 9.2% in the first quarter, HoldingsChannel reports. The firm owned 410,674 shares of the company’s stock after buying an additional 34,507 shares during the quarter. Innovator Defined Wealth Shield ETF accounts for about 1.9% of Glen Eagle Advisors LLC’s holdings, making the stock its 12th largest holding. Glen Eagle Advisors LLC’s holdings in Innovator Defined Wealth Shield ETF were worth $13,743,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Bison Wealth LLC lifted its position in shares of Innovator Defined Wealth Shield ETF by 73.5% during the 4th quarter. Bison Wealth LLC now owns 41,232 shares of the company’s stock worth $1,296,000 after buying an additional 17,464 shares in the last quarter. AQR Capital Management LLC purchased a new position in shares of Innovator Defined Wealth Shield ETF in the 1st quarter worth approximately $347,000. Jane Street Group LLC bought a new position in shares of Innovator Defined Wealth Shield ETF in the first quarter valued at approximately $1,036,000. NewEdge Advisors LLC grew its holdings in shares of Innovator Defined Wealth Shield ETF by 105.2% in the second quarter. NewEdge Advisors LLC now owns 97,208 shares of the company’s stock valued at $3,118,000 after acquiring an additional 49,841 shares in the last quarter. Finally, Ausdal Financial Partners Inc. grew its holdings in shares of Innovator Defined Wealth Shield ETF by 18.1% in the second quarter. Ausdal Financial Partners Inc. now owns 34,396 shares of the company’s stock valued at $1,103,000 after acquiring an additional 5,274 shares in the last quarter.

Innovator Defined Wealth Shield ETF Stock Performance

Shares of BALT opened at $34.34 on Tuesday. The stock has a 50 day moving average of $34.25 and a 200 day moving average of $33.90. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14. Innovator Defined Wealth Shield ETF has a 12 month low of $32.21 and a 12 month high of $34.46.

Innovator Defined Wealth Shield ETF Company 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.