Innovator Defined Wealth Shield ETF (BATS:BALT) Hits New 12-Month High – What’s Next?

Shares of Innovator Defined Wealth Shield ETF (BATS:BALT) reached a new 52-week high during trading on Thursday . The stock traded as high as $34.36 and last traded at $34.36, with a volume of 108434 shares trading hands. The stock had previously closed at $34.30.

Innovator Defined Wealth Shield ETF Stock Performance

The business’s fifty day moving average price is $34.15 and its two-hundred day moving average price is $33.82. The stock has a market capitalization of $1.60 billion, a P/E ratio of 24.42 and a beta of 0.14.

Institutional Investors Weigh In On Innovator Defined Wealth Shield ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BALT. JPMorgan Chase & Co. lifted its stake in 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 worth $134,909,000 after acquiring an additional 4,017,200 shares during the period. Reliant Wealth Planning lifted its holdings in Innovator Defined Wealth Shield ETF by 2,527.0% during the third quarter. Reliant Wealth Planning now owns 957,346 shares of the company’s stock worth $31,420,000 after buying an additional 920,903 shares during the period. Wealthquest Corp lifted its holdings in Innovator Defined Wealth Shield ETF by 36.9% during the first quarter. Wealthquest Corp now owns 3,233,718 shares of the company’s stock worth $108,216,000 after buying an additional 871,138 shares during the period. Foundations Investment Advisors LLC boosted its position in Innovator Defined Wealth Shield ETF by 129.2% during the 4th quarter. Foundations Investment Advisors LLC now owns 1,226,639 shares of the company’s stock valued at $41,105,000 after acquiring an additional 691,493 shares in the last quarter. Finally, Lee Johnson Capital Management LLC increased its holdings in shares of Innovator Defined Wealth Shield ETF by 70.7% in the 1st quarter. Lee Johnson Capital Management LLC now owns 1,402,959 shares of the company’s stock valued at $46,950,000 after acquiring an additional 580,979 shares during the period.

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.