Innovator Defined Wealth Shield ETF $BALT Stock Bought by CRA Financial Services LLC

CRA Financial Services LLC raised its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 4.1% in the third quarter, HoldingsChannel reports. The institutional investor owned 474,487 shares of the company’s stock after buying an additional 18,770 shares during the quarter. Innovator Defined Wealth Shield ETF makes up approximately 1.9% of CRA Financial Services LLC’s portfolio, making the stock its 13th biggest holding. CRA Financial Services LLC’s holdings in Innovator Defined Wealth Shield ETF were worth $16,583,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Encompass More Asset Management boosted its stake in shares of Innovator Defined Wealth Shield ETF by 24.9% during the 3rd quarter. Encompass More Asset Management now owns 70,150 shares of the company’s stock worth $2,452,000 after acquiring an additional 13,992 shares in the last quarter. KFG Wealth Management LLC grew its holdings in shares of Innovator Defined Wealth Shield ETF by 27.9% in the 3rd quarter. KFG Wealth Management LLC now owns 205,837 shares of the company’s stock worth $7,194,000 after acquiring an additional 44,850 shares during the period. ACT Advisors LLC. grew its holdings in shares of Innovator Defined Wealth Shield ETF by 54.1% in the 3rd quarter. ACT Advisors LLC. now owns 20,630 shares of the company’s stock worth $721,000 after acquiring an additional 7,242 shares during the period. Split Rock Private Trading & Wealth Management LLC purchased a new position in Innovator Defined Wealth Shield ETF in the 3rd quarter valued at approximately $1,994,000. Finally, Comprehensive Financial Consultants Institutional Inc. increased its stake in Innovator Defined Wealth Shield ETF by 16.6% in the 3rd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 131,175 shares of the company’s stock valued at $4,585,000 after purchasing an additional 18,689 shares in the last quarter.

Innovator Defined Wealth Shield ETF Price Performance

BATS BALT opened at $34.97 on Friday. The business has a 50 day moving average price of $34.84 and a 200 day moving average price of $34.37. The company has a market capitalization of $1.62 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 $32.74 and a 1-year high of $35.15.

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.