Kingsview Wealth Management LLC Buys 1,438,282 Shares of Innovator Defined Wealth Shield ETF (BATS:BALT)

Kingsview Wealth Management LLC lifted its stake in shares of Innovator Defined Wealth Shield ETF (BATS:BALT) by 669.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,653,091 shares of the company’s stock after purchasing an additional 1,438,282 shares during the quarter. Innovator Defined Wealth Shield ETF accounts for 1.1% of Kingsview Wealth Management LLC’s holdings, making the stock its 15th biggest holding. Kingsview Wealth Management LLC owned approximately 0.08% of Innovator Defined Wealth Shield ETF worth $50,965,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Ashton Thomas Private Wealth LLC acquired a new stake in Innovator Defined Wealth Shield ETF during the second quarter worth about $32,000. Triad Wealth Partners LLC acquired a new stake in shares of Innovator Defined Wealth Shield ETF during the 2nd quarter worth approximately $65,000. Concourse Financial Group Securities Inc. increased its stake in Innovator Defined Wealth Shield ETF by 61.9% in the second quarter. Concourse Financial Group Securities Inc. now owns 5,546 shares of the company’s stock valued at $167,000 after acquiring an additional 2,121 shares during the last quarter. Continuum Wealth Advisors LLC acquired a new position in Innovator Defined Wealth Shield ETF during the third quarter valued at approximately $200,000. Finally, Souders Financial Advisors acquired a new position in Innovator Defined Wealth Shield ETF during the second quarter valued at approximately $218,000.

Innovator Defined Wealth Shield ETF Stock Performance

Shares of BALT stock opened at $31.27 on Friday. The firm has a fifty day simple moving average of $30.95 and a two-hundred day simple moving average of $30.33. The firm has a market cap of $680.01 million, a P/E 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.