Reliant Wealth Planning Takes $1.17 Million Position in Innovator Defined Wealth Shield ETF $BALT

Reliant Wealth Planning bought a new stake in Innovator Defined Wealth Shield ETF (BATS:BALT) in the 2nd quarter, according to its most recent filing with the SEC. The fund bought 36,443 shares of the company’s stock, valued at approximately $1,169,000. Innovator Defined Wealth Shield ETF accounts for 0.5% of Reliant Wealth Planning’s investment portfolio, making the stock its 20th largest holding. Reliant Wealth Planning owned about 0.08% of Innovator Defined Wealth Shield ETF as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. purchased a new position in Innovator Defined Wealth Shield ETF in the first quarter valued at $42,000. Hazlett Burt & Watson Inc. grew its position in shares of Innovator Defined Wealth Shield ETF by 69.3% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,287 shares of the company’s stock valued at $42,000 after acquiring an additional 527 shares during the period. IFP Advisors Inc purchased a new position in shares of Innovator Defined Wealth Shield ETF in the 1st quarter valued at about $102,000. Alaska Permanent Capital Management LLC acquired a new position in Innovator Defined Wealth Shield ETF in the 2nd quarter worth about $167,000. Finally, Mattson Financial Services LLC acquired a new position in Innovator Defined Wealth Shield ETF in the 1st quarter worth about $176,000.

Innovator Defined Wealth Shield ETF Trading Up 6.4%

Shares of BALT stock opened at $32.89 on Friday. Innovator Defined Wealth Shield ETF has a 12-month low of $29.35 and a 12-month high of $32.34. The business’s 50 day moving average is $32.89 and its two-hundred day moving average is $32.43. The company has a market capitalization of $1.53 billion, a P/E ratio of 24.42 and a beta of 0.14.

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.