PTM Wealth Management LLC Buys 16,861 Shares of Innovator Defined Wealth Shield ETF $BALT

PTM Wealth Management LLC lifted its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 5.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 338,888 shares of the company’s stock after purchasing an additional 16,861 shares during the period. Innovator Defined Wealth Shield ETF makes up 6.7% of PTM Wealth Management LLC’s investment portfolio, making the stock its 5th largest holding. PTM Wealth Management LLC’s holdings in Innovator Defined Wealth Shield ETF were worth $11,132,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Hazlett Burt & Watson Inc. boosted its stake in shares of Innovator Defined Wealth Shield ETF by 69.3% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,287 shares of the company’s stock worth $42,000 after acquiring an additional 527 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in Innovator Defined Wealth Shield ETF in the 3rd quarter valued at approximately $90,000. Alaska Permanent Capital Management LLC acquired a new position in Innovator Defined Wealth Shield ETF during the second quarter worth $167,000. NBT Bank N A NY purchased a new stake in Innovator Defined Wealth Shield ETF during the second quarter worth $201,000. Finally, Optima Capital LLC purchased a new stake in Innovator Defined Wealth Shield ETF during the third quarter worth $207,000.

Innovator Defined Wealth Shield ETF Stock Up 8.7%

Shares of BALT stock opened at $33.61 on Thursday. The stock has a market cap of $1.56 billion, a P/E ratio of 24.42 and a beta of 0.14. Innovator Defined Wealth Shield ETF has a fifty-two week low of $29.35 and a fifty-two week high of $32.34. The business has a fifty day simple moving average of $33.26 and a 200-day simple moving average of $32.82.

About Innovator Defined Wealth Shield ETF

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.