Madison Wealth Partners Inc Increases Holdings in Innovator Defined Wealth Shield ETF (BATS:BALT)

Madison Wealth Partners Inc raised its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 211.3% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 33,841 shares of the company’s stock after buying an additional 22,970 shares during the period. Madison Wealth Partners Inc’s holdings in Innovator Defined Wealth Shield ETF were worth $1,016,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of BALT. Arkadios Wealth Advisors lifted its holdings in Innovator Defined Wealth Shield ETF by 1.2% in the second quarter. Arkadios Wealth Advisors now owns 36,755 shares of the company’s stock valued at $1,104,000 after acquiring an additional 428 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in shares of Innovator Defined Wealth Shield ETF in the 2nd quarter valued at $32,000. Concourse Financial Group Securities Inc. grew its holdings in shares of Innovator Defined Wealth Shield ETF by 61.9% during the 2nd quarter. Concourse Financial Group Securities Inc. now owns 5,546 shares of the company’s stock worth $167,000 after purchasing an additional 2,121 shares during the period. Triad Wealth Partners LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF during the 2nd quarter worth about $65,000. Finally, MGO One Seven LLC raised its holdings in Innovator Defined Wealth Shield ETF by 1.9% in the 4th quarter. MGO One Seven LLC now owns 124,100 shares of the company’s stock valued at $3,546,000 after buying an additional 2,360 shares during the period.

Innovator Defined Wealth Shield ETF Price Performance

BATS BALT opened at $30.61 on Tuesday. The firm has a market capitalization of $665.77 million, a PE ratio of 21.98 and a beta of 0.18. The firm has a 50 day moving average of $30.27 and a 200-day moving average of $29.72.

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.