Ritholtz Wealth Management Decreases Stock Position in Innovator Defined Wealth Shield ETF (BATS:BALT)

Ritholtz Wealth Management lessened its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 5.0% in the fourth quarter, HoldingsChannel reports. The fund owned 35,277 shares of the company’s stock after selling 1,846 shares during the period. Ritholtz Wealth Management’s holdings in Innovator Defined Wealth Shield ETF were worth $1,108,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of BALT. Wealthquest Corp lifted its position in Innovator Defined Wealth Shield ETF by 50.4% in the third quarter. Wealthquest Corp now owns 2,058,401 shares of the company’s stock valued at $63,340,000 after purchasing an additional 689,520 shares during the last quarter. Kingsview Wealth Management LLC increased its stake in shares of Innovator Defined Wealth Shield ETF by 669.6% in the third quarter. Kingsview Wealth Management LLC now owns 1,653,091 shares of the company’s stock worth $50,965,000 after buying an additional 1,438,282 shares during the period. Commonwealth Equity Services LLC raised its holdings in Innovator Defined Wealth Shield ETF by 75.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,061,399 shares of the company’s stock valued at $32,723,000 after buying an additional 457,963 shares during the last quarter. Sunbelt Securities Inc. raised its holdings in Innovator Defined Wealth Shield ETF by 1.3% during the 2nd quarter. Sunbelt Securities Inc. now owns 381,928 shares of the company’s stock valued at $11,469,000 after buying an additional 5,004 shares during the last quarter. Finally, Centaurus Financial Inc. boosted its position in Innovator Defined Wealth Shield ETF by 12.8% during the 3rd quarter. Centaurus Financial Inc. now owns 367,691 shares of the company’s stock valued at $11,336,000 after buying an additional 41,698 shares during the period.

Innovator Defined Wealth Shield ETF Price Performance

BALT stock opened at $31.63 on Monday. The stock has a market capitalization of $687.84 million, a PE ratio of 21.98 and a beta of 0.18. The company has a 50-day moving average price of $31.40 and a 200-day moving average price of $30.84.

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.