Innovator Defined Wealth Shield ETF $BALT Shares Sold by BCS Wealth Management

BCS Wealth Management cut its holdings in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 51.3% during the first quarter, HoldingsChannel.com reports. The fund owned 31,123 shares of the company’s stock after selling 32,764 shares during the quarter. BCS Wealth Management’s holdings in Innovator Defined Wealth Shield ETF were worth $1,042,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Arete Wealth Advisors LLC lifted its stake in shares of Innovator Defined Wealth Shield ETF by 1.6% in the 4th quarter. Arete Wealth Advisors LLC now owns 21,083 shares of the company’s stock worth $706,000 after acquiring an additional 333 shares during the period. Fiscal Wisdom Wealth Management LLC raised its holdings in Innovator Defined Wealth Shield ETF by 0.7% during the fourth quarter. Fiscal Wisdom Wealth Management LLC now owns 58,453 shares of the company’s stock worth $1,959,000 after purchasing an additional 380 shares during the last quarter. Cambridge Advisors Inc. raised its position in Innovator Defined Wealth Shield ETF by 4.7% during the first quarter. Cambridge Advisors Inc. now owns 10,004 shares of the company’s stock worth $335,000 after acquiring an additional 450 shares during the last quarter. Balance Wealth LLC increased its stake in shares of Innovator Defined Wealth Shield ETF by 2.0% during the 4th quarter. Balance Wealth LLC now owns 23,001 shares of the company’s stock worth $771,000 after purchasing an additional 457 shares in the last quarter. Finally, Tradition Wealth Management LLC raised its holdings in shares of Innovator Defined Wealth Shield ETF by 7.0% in the fourth quarter. Tradition Wealth Management LLC now owns 9,074 shares of the company’s stock worth $304,000 after acquiring an additional 592 shares during the last quarter.

Innovator Defined Wealth Shield ETF Stock Performance

BATS:BALT opened at $34.25 on Wednesday. Innovator Defined Wealth Shield ETF has a 12-month low of $32.01 and a 12-month high of $34.25. The company’s 50-day moving average is $34.06 and its two-hundred day moving average is $33.74. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 24.42 and a beta of 0.14.

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.