Sovran Advisors LLC Invests $6.87 Million in Innovator Defined Wealth Shield ETF (BATS:BALT)

Sovran Advisors LLC purchased a new position in Innovator Defined Wealth Shield ETF (BATS:BALT) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 218,454 shares of the company’s stock, valued at approximately $6,867,000. Innovator Defined Wealth Shield ETF makes up approximately 1.0% of Sovran Advisors LLC’s portfolio, making the stock its 22nd largest holding. Sovran Advisors LLC owned 1.00% of Innovator Defined Wealth Shield ETF at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Focus Financial Network Inc. raised its position in shares of Innovator Defined Wealth Shield ETF by 3.7% in the 4th quarter. Focus Financial Network Inc. now owns 25,015 shares of the company’s stock worth $786,000 after acquiring an additional 890 shares in the last quarter. Pachira Investments Inc. acquired a new position in Innovator Defined Wealth Shield ETF during the 4th quarter valued at about $460,000. Paladin Wealth LLC acquired a new position in Innovator Defined Wealth Shield ETF during the 4th quarter valued at about $288,000. Comprehensive Financial Planning Inc. PA acquired a new position in Innovator Defined Wealth Shield ETF during the 4th quarter valued at about $1,823,000. Finally, Prairie Wealth Advisors Inc. acquired a new position in Innovator Defined Wealth Shield ETF during the 4th quarter valued at about $2,995,000.

Innovator Defined Wealth Shield ETF Stock Up 1.0 %

Shares of BATS:BALT opened at $31.77 on Tuesday. The company’s 50-day simple moving average is $31.53 and its 200-day simple moving average is $31.00. The firm has a market cap of $690.89 million, a price-to-earnings 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.