Prasad Wealth Partners LLC Makes New Investment in Innovator Defined Wealth Shield ETF (BATS:BALT)

Prasad Wealth Partners LLC bought a new position in Innovator Defined Wealth Shield ETF (BATS:BALT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 28,675 shares of the company’s stock, valued at approximately $901,000. Prasad Wealth Partners LLC owned about 0.13% of Innovator Defined Wealth Shield ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the stock. Partners Wealth Management LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF in the fourth quarter worth approximately $430,000. Sigma Planning Corp raised its holdings in Innovator Defined Wealth Shield ETF by 28.3% in the fourth quarter. Sigma Planning Corp now owns 188,301 shares of the company’s stock valued at $5,916,000 after buying an additional 41,546 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in Innovator Defined Wealth Shield ETF by 20.1% in the fourth quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 642,751 shares of the company’s stock valued at $20,195,000 after buying an additional 107,630 shares during the period. CRA Financial Services LLC raised its holdings in Innovator Defined Wealth Shield ETF by 8.2% in the fourth quarter. CRA Financial Services LLC now owns 255,467 shares of the company’s stock valued at $8,027,000 after buying an additional 19,375 shares during the period. Finally, Atria Wealth Solutions Inc. raised its holdings in Innovator Defined Wealth Shield ETF by 37.0% in the fourth quarter. Atria Wealth Solutions Inc. now owns 227,684 shares of the company’s stock valued at $7,154,000 after buying an additional 61,447 shares during the period.

Innovator Defined Wealth Shield ETF Price Performance

BATS BALT opened at $31.77 on Tuesday. The firm has a 50 day simple moving average of $31.61 and a 200 day simple moving average of $31.13. The stock has a market capitalization of $690.89 million, a price-to-earnings ratio of 21.98 and a beta of 0.18.

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.