Innovator Defined Wealth Shield ETF $BALT Stock Holdings Boosted by Archer Investment Corp

Archer Investment Corp raised its position in Innovator Defined Wealth Shield ETF (BATS:BALT) by 34.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 308,540 shares of the company’s stock after purchasing an additional 79,804 shares during the quarter. Innovator Defined Wealth Shield ETF accounts for approximately 2.2% of Archer Investment Corp’s portfolio, making the stock its 7th largest holding. Archer Investment Corp owned about 0.66% of Innovator Defined Wealth Shield ETF worth $10,325,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in shares of Innovator Defined Wealth Shield ETF by 46,021.3% in the fourth quarter. JPMorgan Chase & Co. now owns 4,025,929 shares of the company’s stock valued at $134,909,000 after purchasing an additional 4,017,200 shares during the period. Osaic Holdings Inc. boosted its stake in Innovator Defined Wealth Shield ETF by 4.8% during the 4th quarter. Osaic Holdings Inc. now owns 2,441,139 shares of the company’s stock valued at $81,802,000 after acquiring an additional 111,344 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of Innovator Defined Wealth Shield ETF by 24.5% in the 3rd quarter. Raymond James Financial Inc. now owns 2,104,517 shares of the company’s stock valued at $69,070,000 after purchasing an additional 413,938 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Innovator Defined Wealth Shield ETF by 22.7% during the fourth quarter. Cetera Investment Advisers now owns 1,528,969 shares of the company’s stock worth $51,236,000 after purchasing an additional 282,713 shares during the last quarter. Finally, Lee Johnson Capital Management LLC lifted its holdings in Innovator Defined Wealth Shield ETF by 70.7% during the 1st quarter. Lee Johnson Capital Management LLC now owns 1,402,959 shares of the company’s stock worth $46,950,000 after buying an additional 580,979 shares during the last quarter.

Innovator Defined Wealth Shield ETF Stock Performance

Innovator Defined Wealth Shield ETF stock opened at $34.37 on Tuesday. The company has a market cap of $1.60 billion, a P/E ratio of 24.42 and a beta of 0.14. Innovator Defined Wealth Shield ETF has a 1 year low of $32.13 and a 1 year high of $34.46. The firm’s 50-day moving average is $34.18 and its 200-day moving average is $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.