Financial Designs Corp Purchases New Position in Innovator Defined Wealth Shield ETF $BALT

Financial Designs Corp purchased a new stake in Innovator Defined Wealth Shield ETF (BATS:BALT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 125,064 shares of the company’s stock, valued at approximately $4,371,000. Innovator Defined Wealth Shield ETF accounts for about 2.2% of Financial Designs Corp’s investment portfolio, making the stock its 11th biggest holding. Financial Designs Corp owned approximately 0.27% of Innovator Defined Wealth Shield ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of BALT. Sound Income Strategies LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF during the 1st quarter worth $28,000. Motiv8 Investments LLC acquired a new position in Innovator Defined Wealth Shield ETF during the 4th quarter worth $44,000. Waverly Advisors LLC bought a new stake in Innovator Defined Wealth Shield ETF during the first quarter valued at about $68,000. Noble Wealth Management PBC grew its position in shares of Innovator Defined Wealth Shield ETF by 18.4% in the second quarter. Noble Wealth Management PBC now owns 2,250 shares of the company’s stock valued at $77,000 after purchasing an additional 350 shares during the last quarter. Finally, Continuum Advisory LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF in the second quarter valued at about $179,000.

Innovator Defined Wealth Shield ETF Stock Performance

Innovator Defined Wealth Shield ETF stock opened at $35.05 on Friday. The business’s 50-day simple moving average is $34.78 and its 200-day simple moving average is $34.31. The firm has a market capitalization of $1.63 billion, a PE ratio of 24.42 and a beta of 0.14. Innovator Defined Wealth Shield ETF has a 52 week low of $32.69 and a 52 week high of $35.15.

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.