44,850 Innovator Defined Wealth Shield ETF $BALT Shares Bought by KFG Wealth Management LLC

KFG Wealth Management LLC boosted its stake in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 27.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 205,837 shares of the company’s stock after buying an additional 44,850 shares during the quarter. Innovator Defined Wealth Shield ETF makes up approximately 0.8% of KFG Wealth Management LLC’s portfolio, making the stock its 23rd largest holding. KFG Wealth Management LLC’s holdings in Innovator Defined Wealth Shield ETF were worth $7,194,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Sound Income Strategies LLC purchased a new stake in Innovator Defined Wealth Shield ETF during the first quarter worth about $28,000. Waverly Advisors LLC purchased a new position in Innovator Defined Wealth Shield ETF in the first quarter valued at about $68,000. Weaver Capital Management LLC purchased a new position in Innovator Defined Wealth Shield ETF in the third quarter valued at about $78,000. Noble Wealth Management PBC boosted its stake in Innovator Defined Wealth Shield ETF by 18.4% in the second quarter. Noble Wealth Management PBC now owns 2,250 shares of the company’s stock valued at $77,000 after acquiring an additional 350 shares during the last quarter. Finally, Continuum Advisory LLC bought a new position in shares of Innovator Defined Wealth Shield ETF during the 2nd quarter valued at approximately $179,000.

Innovator Defined Wealth Shield ETF Price Performance

Shares of Innovator Defined Wealth Shield ETF stock traded down $0.09 on Friday, reaching $34.97. 738,665 shares of the company traded hands, compared to its average volume of 504,632. The company has a 50 day moving average of $34.84 and a 200 day moving average of $34.37. Innovator Defined Wealth Shield ETF has a 52 week low of $32.74 and a 52 week high of $35.15. The firm has a market capitalization of $1.62 billion, a PE ratio of 24.42 and a beta of 0.14.

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.