Paladin Wealth LLC Makes New $288,000 Investment in Innovator Defined Wealth Shield ETF (BATS:BALT)

Paladin Wealth LLC acquired a new stake in Innovator Defined Wealth Shield ETF (BATS:BALT) during the fourth quarter, Holdings Channel.com reports. The firm acquired 9,154 shares of the company’s stock, valued at approximately $288,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BALT. Wealthquest Corp lifted its position in Innovator Defined Wealth Shield ETF by 49.6% during the 4th quarter. Wealthquest Corp now owns 3,079,887 shares of the company’s stock worth $96,770,000 after acquiring an additional 1,021,486 shares during the last quarter. Kingsview Wealth Management LLC boosted its position in shares of Innovator Defined Wealth Shield ETF by 669.6% during the 3rd quarter. Kingsview Wealth Management LLC now owns 1,653,091 shares of the company’s stock valued at $50,965,000 after acquiring an additional 1,438,282 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Innovator Defined Wealth Shield ETF by 75.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,061,399 shares of the company’s stock valued at $32,723,000 after purchasing an additional 457,963 shares during the period. Compass Advisory Group LLC grew its position in Innovator Defined Wealth Shield ETF by 1,309.4% in the fourth quarter. Compass Advisory Group LLC now owns 654,883 shares of the company’s stock valued at $20,576,000 after acquiring an additional 608,418 shares during the period. Finally, Gradient Investments LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 4th quarter worth about $17,223,000.

Innovator Defined Wealth Shield ETF Trading Up 1.0 %

BATS BALT opened at $31.77 on Tuesday. The firm has a market capitalization of $690.89 million, a price-to-earnings ratio of 21.98 and a beta of 0.18. The business’s fifty day moving average price is $31.53 and its 200 day moving average price is $31.00.

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.