NBZ Investment Advisors LLC Makes New $12.42 Million Investment in Innovator Defined Wealth Shield ETF (BATS:BALT)

NBZ Investment Advisors LLC purchased a new position in Innovator Defined Wealth Shield ETF (BATS:BALT) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 395,268 shares of the company’s stock, valued at approximately $12,419,000. Innovator Defined Wealth Shield ETF comprises about 6.9% of NBZ Investment Advisors LLC’s holdings, making the stock its 6th biggest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blair William & Co. IL acquired a new stake in shares of Innovator Defined Wealth Shield ETF in the fourth quarter valued at approximately $38,000. Legacy Investment Solutions LLC acquired a new stake in Innovator Defined Wealth Shield ETF in the 3rd quarter valued at about $83,000. Palumbo Wealth Management LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF during the 4th quarter valued at $224,000. D.B. Root & Company LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF during the fourth quarter valued at approximately $231,000. Finally, SRS Capital Advisors Inc. acquired a new stake in shares of Innovator Defined Wealth Shield ETF in the fourth quarter worth $236,000.

Innovator Defined Wealth Shield ETF Price Performance

Shares of Innovator Defined Wealth Shield ETF stock opened at $31.38 on Friday. The stock has a 50-day simple moving average of $31.62 and a 200-day simple moving average of $31.30. Innovator Defined Wealth Shield ETF has a 52-week low of $28.96 and a 52-week high of $31.99. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 26.13 and a beta of 0.13.

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.