Truist Financial Corp Acquires 34,737 Shares of Innovator Defined Wealth Shield ETF $BALT

Truist Financial Corp grew its position in Innovator Defined Wealth Shield ETF (BATS:BALT) by 27.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 162,145 shares of the company’s stock after buying an additional 34,737 shares during the period. Truist Financial Corp owned 0.35% of Innovator Defined Wealth Shield ETF worth $5,433,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Pachira Investments Inc. increased its stake in shares of Innovator Defined Wealth Shield ETF by 133.5% in the 4th quarter. Pachira Investments Inc. now owns 98,313 shares of the company’s stock valued at $3,294,000 after buying an additional 56,203 shares during the period. Mutual Advisors LLC increased its stake in shares of Innovator Defined Wealth Shield ETF by 16.1% in the 4th quarter. Mutual Advisors LLC now owns 284,038 shares of the company’s stock valued at $9,518,000 after buying an additional 39,486 shares during the period. Vantage Point Financial LLC increased its stake in shares of Innovator Defined Wealth Shield ETF by 35.0% in the 4th quarter. Vantage Point Financial LLC now owns 28,361 shares of the company’s stock valued at $950,000 after buying an additional 7,350 shares during the period. Archer Investment Corp increased its stake in shares of Innovator Defined Wealth Shield ETF by 60.9% in the 4th quarter. Archer Investment Corp now owns 228,736 shares of the company’s stock valued at $7,665,000 after buying an additional 86,547 shares during the period. Finally, Strategic Blueprint LLC increased its stake in shares of Innovator Defined Wealth Shield ETF by 38.3% in the 4th quarter. Strategic Blueprint LLC now owns 346,476 shares of the company’s stock valued at $11,610,000 after buying an additional 95,897 shares during the period.

Innovator Defined Wealth Shield ETF Stock Performance

BATS BALT opened at $34.00 on Monday. The stock has a fifty day moving average of $33.70 and a 200-day moving average of $33.48. The stock has a market capitalization of $1.58 billion, a P/E ratio of 24.42 and a beta of 0.14. Innovator Defined Wealth Shield ETF has a 52 week low of $31.54 and a 52 week high of $34.07.

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.