Blue Trust Inc. Trims Holdings in Innovator Defined Wealth Shield ETF (BATS:BALT)

Blue Trust Inc. lessened its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 3.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,975 shares of the company’s stock after selling 373 shares during the period. Blue Trust Inc.’s holdings in Innovator Defined Wealth Shield ETF were worth $300,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in BALT. Arkadios Wealth Advisors increased its position in shares of Innovator Defined Wealth Shield ETF by 1.2% in the 2nd quarter. Arkadios Wealth Advisors now owns 36,755 shares of the company’s stock worth $1,104,000 after purchasing an additional 428 shares during the last quarter. Comprehensive Financial Consultants Institutional Inc. increased its holdings in Innovator Defined Wealth Shield ETF by 45.7% in the first quarter. Comprehensive Financial Consultants Institutional Inc. now owns 22,071 shares of the company’s stock valued at $646,000 after buying an additional 6,924 shares during the last quarter. Concourse Financial Group Securities Inc. raised its stake in Innovator Defined Wealth Shield ETF by 61.9% during the second quarter. Concourse Financial Group Securities Inc. now owns 5,546 shares of the company’s stock valued at $167,000 after buying an additional 2,121 shares in the last quarter. Souders Financial Advisors acquired a new stake in Innovator Defined Wealth Shield ETF during the second quarter valued at approximately $218,000. Finally, Raymond James & Associates lifted its holdings in Innovator Defined Wealth Shield ETF by 23.5% during the 2nd quarter. Raymond James & Associates now owns 125,426 shares of the company’s stock worth $3,767,000 after buying an additional 23,898 shares during the last quarter.

Innovator Defined Wealth Shield ETF Stock Up 0.1 %

Shares of BATS BALT opened at $30.97 on Friday. The company has a market cap of $673.49 million, a P/E ratio of 21.98 and a beta of 0.18. The firm has a fifty day moving average price of $30.65 and a 200 day moving average price of $30.03.

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.