Applied Capital LLC Takes Position in Innovator Defined Wealth Shield ETF (BATS:BALT)

Applied Capital LLC purchased a new position in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,066 shares of the company’s stock, valued at approximately $316,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Strategic Blueprint LLC raised its position in shares of Innovator Defined Wealth Shield ETF by 918.6% in the 4th quarter. Strategic Blueprint LLC now owns 215,593 shares of the company’s stock valued at $6,774,000 after buying an additional 194,428 shares in the last quarter. Gradient Investments LLC acquired a new position in Innovator Defined Wealth Shield ETF during the fourth quarter valued at approximately $17,223,000. Encompass More Asset Management lifted its stake in Innovator Defined Wealth Shield ETF by 34.5% during the fourth quarter. Encompass More Asset Management now owns 15,224 shares of the company’s stock worth $478,000 after purchasing an additional 3,905 shares during the last quarter. RFG Advisory LLC boosted its holdings in shares of Innovator Defined Wealth Shield ETF by 14.8% in the 4th quarter. RFG Advisory LLC now owns 83,682 shares of the company’s stock valued at $2,629,000 after purchasing an additional 10,809 shares in the last quarter. Finally, D.B. Root & Company LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF in the 4th quarter valued at $231,000.

Innovator Defined Wealth Shield ETF Stock Performance

Shares of BALT stock traded up $0.26 on Wednesday, hitting $31.70. 383,721 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $31.46 and its 200 day moving average is $30.91. The company has a market capitalization of $689.37 million, a PE ratio of 21.98 and a beta of 0.18.

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.