Focus Financial Network Inc. Raises Stake in Innovator Defined Wealth Shield ETF (BATS:BALT)

Focus Financial Network Inc. increased its stake in Innovator Defined Wealth Shield ETF (BATS:BALT) by 53.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,125 shares of the company’s stock after purchasing an additional 8,355 shares during the quarter. Focus Financial Network Inc. owned 0.11% of Innovator Defined Wealth Shield ETF worth $744,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wealthquest Corp increased its holdings in Innovator Defined Wealth Shield ETF by 345.6% in the first quarter. Wealthquest Corp now owns 1,405,898 shares of the company’s stock valued at $41,137,000 after buying an additional 1,090,404 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in Innovator Defined Wealth Shield ETF by 75.9% during the third quarter. Commonwealth Equity Services LLC now owns 1,061,399 shares of the company’s stock worth $32,723,000 after purchasing an additional 457,963 shares in the last quarter. Cetera Investment Advisers grew its holdings in Innovator Defined Wealth Shield ETF by 140.3% in the first quarter. Cetera Investment Advisers now owns 666,953 shares of the company’s stock valued at $19,515,000 after purchasing an additional 389,377 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its position in shares of Innovator Defined Wealth Shield ETF by 14.0% in the first quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 400,719 shares of the company’s stock valued at $11,725,000 after buying an additional 49,180 shares in the last quarter. Finally, Sunbelt Securities Inc. raised its stake in shares of Innovator Defined Wealth Shield ETF by 1.3% during the 2nd quarter. Sunbelt Securities Inc. now owns 381,928 shares of the company’s stock worth $11,469,000 after buying an additional 5,004 shares during the last quarter.

Innovator Defined Wealth Shield ETF Stock Performance

Shares of BATS BALT opened at $30.91 on Friday. The company has a 50 day simple moving average of $30.73 and a 200-day simple moving average of $30.12. The firm has a market cap of $672.29 million, a PE ratio of 21.98 and a beta of 0.18.

Innovator Defined Wealth Shield ETF Company 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.