Innovator Defined Wealth Shield ETF (BATS:BALT) Hits New 1-Year 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 $34.73 and last traded at $34.73, with a volume of 85137 shares changing hands. The stock had previously closed at $34.69.

Innovator Defined Wealth Shield ETF Stock Performance

The business’s fifty day moving average price is $34.35 and its two-hundred day moving average price is $33.98. The firm has a market capitalization of $1.61 billion, a P/E ratio of 24.42 and a beta of 0.14.

Institutional Investors Weigh In On Innovator Defined Wealth Shield ETF

Several institutional investors have recently bought and sold shares of the company. Sound Income Strategies LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF during the first quarter worth $28,000. Motiv8 Investments LLC purchased a new position in Innovator Defined Wealth Shield ETF during the 4th quarter worth $44,000. Waverly Advisors LLC acquired a new position in Innovator Defined Wealth Shield ETF during the 1st quarter valued at about $68,000. Noble Wealth Management PBC increased its position in Innovator Defined Wealth Shield ETF by 18.4% during the 2nd quarter. Noble Wealth Management PBC now owns 2,250 shares of the company’s stock valued at $77,000 after buying an additional 350 shares in the last quarter. Finally, Betterment LLC purchased a new stake in Innovator Defined Wealth Shield ETF in the third quarter valued at about $207,000.

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.