Crown Wealth Group LLC Buys 17,123 Shares of Innovator Defined Wealth Shield ETF (BATS:BALT)

Crown Wealth Group LLC lifted its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 2.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 636,953 shares of the company’s stock after buying an additional 17,123 shares during the quarter. Innovator Defined Wealth Shield ETF makes up about 8.1% of Crown Wealth Group LLC’s holdings, making the stock its 3rd biggest holding. Crown Wealth Group LLC’s holdings in Innovator Defined Wealth Shield ETF were worth $20,013,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Strategic Blueprint LLC grew its position in Innovator Defined Wealth Shield ETF by 31.6% in the third quarter. Strategic Blueprint LLC now owns 21,165 shares of the company’s stock valued at $653,000 after acquiring an additional 5,085 shares during the period. Focus Financial Network Inc. grew its holdings in shares of Innovator Defined Wealth Shield ETF by 53.0% in the 3rd quarter. Focus Financial Network Inc. now owns 24,125 shares of the company’s stock worth $744,000 after purchasing an additional 8,355 shares during the last quarter. Glen Eagle Advisors LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 3rd quarter worth about $3,024,000. Silver Oak Securities Incorporated increased its position in shares of Innovator Defined Wealth Shield ETF by 14.2% during the 4th quarter. Silver Oak Securities Incorporated now owns 74,663 shares of the company’s stock worth $2,346,000 after purchasing an additional 9,286 shares in the last quarter. Finally, Legacy Investment Solutions LLC bought a new position in Innovator Defined Wealth Shield ETF during the 3rd quarter valued at about $83,000.

Innovator Defined Wealth Shield ETF Stock Performance

BATS:BALT opened at $31.74 on Thursday. The firm has a market capitalization of $1.20 billion, a price-to-earnings ratio of 27.00 and a beta of 0.13. The company has a 50 day moving average price of $31.62 and a 200-day moving average price of $31.15.

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.