Innovator Defined Wealth Shield ETF (BATS:BALT) Reaches New 52-Week High – Here’s What Happened

Innovator Defined Wealth Shield ETF (BATS:BALT)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $34.73 and last traded at $34.73, with a volume of 85137 shares. The stock had previously closed at $34.69.

Innovator Defined Wealth Shield ETF Price Performance

The company has a 50 day moving average price of $34.37 and a 200-day moving average price of $34.00. The company has a market cap of $1.61 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14.

Institutional Investors Weigh In On Innovator Defined Wealth Shield ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Bison Wealth LLC raised its stake in shares of Innovator Defined Wealth Shield ETF by 73.5% during the fourth quarter. Bison Wealth LLC now owns 41,232 shares of the company’s stock valued at $1,296,000 after acquiring an additional 17,464 shares during the last quarter. AQR Capital Management LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF in the first quarter worth $347,000. Jane Street Group LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF in the first quarter worth $1,036,000. NewEdge Advisors LLC increased its holdings in 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 purchasing an additional 49,841 shares during the period. Finally, Ausdal Financial Partners Inc. increased its holdings in 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 purchasing an additional 5,274 shares during the period.

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.