Envestnet Asset Management Inc. Sells 216,313 Shares of Innovator Defined Wealth Shield ETF (BATS:BALT)

Envestnet Asset Management Inc. lessened its position in Innovator Defined Wealth Shield ETF (BATS:BALT) by 11.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,689,443 shares of the company’s stock after selling 216,313 shares during the quarter. Envestnet Asset Management Inc. owned 7.77% of Innovator Defined Wealth Shield ETF worth $50,734,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. CoreCap Advisors LLC bought a new stake in shares of Innovator Defined Wealth Shield ETF in the 2nd quarter worth about $1,240,000. Ashton Thomas Private Wealth LLC purchased a new position in Innovator Defined Wealth Shield ETF in the 2nd quarter worth about $32,000. Ausdal Financial Partners Inc. purchased a new position in Innovator Defined Wealth Shield ETF in the 2nd quarter worth about $360,000. Chris Bulman Inc purchased a new position in Innovator Defined Wealth Shield ETF in the 2nd quarter worth about $1,979,000. Finally, Foundations Investment Advisors LLC increased its stake in Innovator Defined Wealth Shield ETF by 66.5% in the 2nd quarter. Foundations Investment Advisors LLC now owns 92,660 shares of the company’s stock worth $2,783,000 after buying an additional 37,017 shares during the period.

Innovator Defined Wealth Shield ETF Stock Down 0.1 %

BALT stock opened at $30.56 on Thursday. The stock has a market cap of $664.68 million, a P/E ratio of 21.98 and a beta of 0.18. The business has a 50 day moving average of $30.28 and a 200-day moving average of $29.73.

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.