Milestone Asset Management LLC Boosts Stock Position in Innovator Defined Wealth Shield ETF (BATS:BALT)

Milestone Asset Management LLC increased its stake in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 7.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 111,398 shares of the company’s stock after buying an additional 7,826 shares during the quarter. Milestone Asset Management LLC’s holdings in Innovator Defined Wealth Shield ETF were worth $3,500,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. NewEdge Advisors LLC boosted its position in Innovator Defined Wealth Shield ETF by 109.4% during the second quarter. NewEdge Advisors LLC now owns 32,493 shares of the company’s stock worth $976,000 after purchasing an additional 16,979 shares during the period. Regal Investment Advisors LLC grew its stake in Innovator Defined Wealth Shield ETF by 12.5% in the 2nd quarter. Regal Investment Advisors LLC now owns 30,645 shares of the company’s stock valued at $920,000 after buying an additional 3,414 shares in the last quarter. Souders Financial Advisors bought a new stake in Innovator Defined Wealth Shield ETF during the 2nd quarter valued at $218,000. HBW Advisory Services LLC bought a new position in shares of Innovator Defined Wealth Shield ETF in the third quarter worth $427,000. Finally, O Connor Financial Group LLC grew its position in shares of Innovator Defined Wealth Shield ETF by 5.4% in the third quarter. O Connor Financial Group LLC now owns 18,074 shares of the company’s stock valued at $557,000 after purchasing an additional 922 shares in the last quarter.

Innovator Defined Wealth Shield ETF Stock Up 0.8 %

BALT stock opened at $31.70 on Thursday. The stock has a market cap of $689.37 million, a price-to-earnings ratio of 21.98 and a beta of 0.18. The firm’s fifty day moving average is $31.47 and its 200-day moving average is $30.91.

About Innovator Defined Wealth Shield ETF

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.