Sagespring Wealth Partners LLC Acquires 29,833 Shares of Innovator Defined Wealth Shield ETF $BALT

Sagespring Wealth Partners LLC grew its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 120.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 54,615 shares of the company’s stock after purchasing an additional 29,833 shares during the quarter. Sagespring Wealth Partners LLC owned about 0.12% of Innovator Defined Wealth Shield ETF worth $1,830,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Osaic Holdings Inc. increased its holdings in Innovator Defined Wealth Shield ETF by 29.8% in the second quarter. Osaic Holdings Inc. now owns 2,306,222 shares of the company’s stock valued at $73,983,000 after purchasing an additional 529,782 shares during the last quarter. Raymond James Financial Inc. lifted its stake in Innovator Defined Wealth Shield ETF by 24.5% in the third quarter. Raymond James Financial Inc. now owns 2,104,517 shares of the company’s stock valued at $69,070,000 after buying an additional 413,938 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Innovator Defined Wealth Shield ETF by 6.3% during the third quarter. Envestnet Asset Management Inc. now owns 1,825,207 shares of the company’s stock worth $59,903,000 after buying an additional 107,652 shares during the last quarter. Orion Porfolio Solutions LLC boosted its holdings in Innovator Defined Wealth Shield ETF by 14.7% during the third quarter. Orion Porfolio Solutions LLC now owns 965,795 shares of the company’s stock worth $31,697,000 after buying an additional 124,004 shares during the last quarter. Finally, Reliant Wealth Planning grew its position in shares of Innovator Defined Wealth Shield ETF by 2,527.0% during the 3rd quarter. Reliant Wealth Planning now owns 957,346 shares of the company’s stock worth $31,420,000 after buying an additional 920,903 shares during the period.

Innovator Defined Wealth Shield ETF Price Performance

Shares of BALT stock opened at $33.44 on Friday. The stock has a market cap of $1.55 billion, a PE ratio of 24.42 and a beta of 0.14. The stock has a 50-day moving average of $33.67 and a 200-day moving average of $33.26. Innovator Defined Wealth Shield ETF has a one year low of $30.07 and a one year high of $33.84.

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.