Innovator Defined Wealth Shield ETF (BATS:BALT) Sets New 52-Week High – Here’s What Happened

Innovator Defined Wealth Shield ETF (BATS:BALT) shares hit a new 52-week high during trading on Friday . The company traded as high as $34.22 and last traded at $34.13, with a volume of 32703 shares traded. The stock had previously closed at $34.12.

Innovator Defined Wealth Shield ETF Stock Performance

The stock has a market capitalization of $1.58 billion, a P/E ratio of 24.42 and a beta of 0.14. The stock has a 50 day moving average of $33.77 and a 200 day moving average of $33.55.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in BALT. GTS Financial LLC acquired a new position in Innovator Defined Wealth Shield ETF during the 1st quarter worth $779,000. Arkadios Wealth Advisors boosted its position in Innovator Defined Wealth Shield ETF by 12.5% during the 1st quarter. Arkadios Wealth Advisors now owns 31,970 shares of the company’s stock worth $1,070,000 after acquiring an additional 3,544 shares during the period. Sunbelt Securities Inc. boosted its position in Innovator Defined Wealth Shield ETF by 2.2% during the 1st quarter. Sunbelt Securities Inc. now owns 467,920 shares of the company’s stock worth $15,659,000 after acquiring an additional 10,233 shares during the period. Core Wealth Advisors Inc. boosted its position in Innovator Defined Wealth Shield ETF by 15.8% during the 1st quarter. Core Wealth Advisors Inc. now owns 22,626 shares of the company’s stock worth $757,000 after acquiring an additional 3,081 shares during the period. Finally, Reliant Wealth Planning boosted its position in Innovator Defined Wealth Shield ETF by 2.9% during the 1st quarter. Reliant Wealth Planning now owns 1,005,348 shares of the company’s stock worth $33,644,000 after acquiring an additional 28,171 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.