Beacon Financial Group Buys Shares of 17,886 Innovator Defined Wealth Shield ETF (BATS:BALT)

Beacon Financial Group purchased a new position in Innovator Defined Wealth Shield ETF (BATS:BALT) during the fourth quarter, Holdings Channel reports. The fund purchased 17,886 shares of the company’s stock, valued at approximately $562,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Wealthquest Corp raised its position in Innovator Defined Wealth Shield ETF by 49.6% in the 4th quarter. Wealthquest Corp now owns 3,079,887 shares of the company’s stock worth $96,770,000 after purchasing an additional 1,021,486 shares during the period. Kingsview Wealth Management LLC increased its holdings in shares of Innovator Defined Wealth Shield ETF by 669.6% in the third quarter. Kingsview Wealth Management LLC now owns 1,653,091 shares of the company’s stock worth $50,965,000 after buying an additional 1,438,282 shares during the period. Commonwealth Equity Services LLC lifted 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 acquiring an additional 457,963 shares during the last quarter. Compass Advisory Group LLC boosted its holdings in Innovator Defined Wealth Shield ETF by 1,309.4% during the 4th 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 purchased a new stake in Innovator Defined Wealth Shield ETF during the 4th quarter valued at about $17,223,000.

Innovator Defined Wealth Shield ETF Stock Up 1.0 %

Shares of Innovator Defined Wealth Shield ETF stock opened at $31.77 on Thursday. The stock has a 50 day moving average of $31.55 and a 200 day moving average of $31.02. The stock has a market cap of $690.89 million, a PE 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.