Innovator Defined Wealth Shield ETF (BALT)

BATS: BALT · IEX Real-Time Price · USD
29.04
0.00 (0.00%)
Feb 23, 2024, 4:00 PM EST - Market closed
0.00%
Assets $630.92M
Expense Ratio 0.69%
PE Ratio 21.96
Shares Out 21.18M
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
Payout Ratio n/a
1-Year Return +7.88%
Volume 49,992
Open 29.06
Previous Close 29.04
Day's Range 29.03 - 29.06
52-Week Low 26.78
52-Week High 29.06
Beta 0.18
Holdings 6
Inception Date Jul 1, 2021

About BALT

Fund Home Page

The Innovator Defined Wealth Shield ETF (BALT) is an exchange-traded fund that is based on the S&P 500 index. The fund aims to participate in the price movement of the SPDR S&P 500 ETF (ticker: SPY), up to a cap while buffering the first 15-20% decline. The fund resets it's buffer and cap levels every three-months BALT was launched on Jul 1, 2021 and is issued by Innovator.

Asset Class Equity
Category Options Trading
Region North America
Stock Exchange BATS
Ticker Symbol BALT
ETF Provider Innovator
Index Tracked S&P 500

News

JPMorgan Says HELO to Advisors Seeking Downside Protection

JPMorgan has a pair of actively managed, options-enhanced equity ETF strategies with a combined $35 billion in assets. Did it just launch what will be a third successful one?

Other symbols: JEPIJEPQBALIHELO
5 months ago - ETF Trends

Time for a buffer? Defined outcome strategies in a down market

Safeguarding against downside risks remains an evergreen strategy for investors this year, with ETFs that offer a "buffer" increasingly in demand.

Other symbols: JEPIPNOV
11 months ago - CNBC

"Buffer" ETFs booming

Other symbols: JEPIPDECPNOV
11 months ago - CNBC Television

Alternative ETF Strategies to Navigate the Challenges Ahead

As we consider the potential hurdles in the new year, investors can focus on alternative ETF strategies to potentially generate positive returns in flat or down-market conditions through a built-in do...

Other symbols: PJANSFLRXBJA
1 year ago - ETF Trends

Buffered ETFs to smooth out volatility?

Other symbols: TSLH
1 year ago - CNBC Television

Alternative ETF Strategies to Provide a Buffer in Face of Recession Risks

Investors should consider the benefits of the Innovator Buffer exchange traded fund strategy in the current market turbulence, especially since the defined outcome methodology can help people stay ful...

Other symbols: BJULPJULUJUL
1 year ago - ETF Trends

The Benefits of Defined Outcomes in a Rising Rate Environment

Defined outcomes aren't new by any means, having been available through insurances and bank offerings, but Innovator ETFs has wrapped them up within their ETF suite to offer advisors and investors opp...

Other symbols: QTAPPMAR
2 years ago - ETF Trends

Building a Portfolio in the Face of Rising Rates

Defined outcomes have been available to investors for decades through insurance and bank wrappers, and the Defined Outcome ETF suite has transformed the options investing landscape. In this upcoming w...

Other symbols: BJANPJANUJAN
2 years ago - ETF Trends

Complements To Bond ETFs Amid Rising Rates

Defined outcome ETFs may offer a solution for investors.

Other symbols: UJAN
2 years ago - ETFcom

Need to Get Out of Bonds? Bruce Bond on Credible Alternatives

In a challenging fixed income market environment, investors can consider a new alternative ETF to better-navigate the tricky fixed income landscape. In the recent webcast, Feeling Like It's Time to Ge...

2 years ago - ETF Trends

Risk Management Made Easy

Over the last three years, defined outcome ETFs have reshaped how advisors and investors manage risk.

Other symbols: BGLDIWMQQQSPY
2 years ago - ETFcom

Feeling Like It's Time to Get Out of Bonds? Here's Your Strategy

The bond market's risk/reward profile has never been less favorable for investors; interest rate risk is near all-time highs, while yields hover near all-time lows. In the upcoming webcast, Feeling Li...

2 years ago - ETF Trends

Innovator Announces the Defined Wealth Shield ETF, ‘BALT'

On Thursday, Innovator Capital Management, LLC announced the launch of the Innovator Defined Wealth Shield ETF (BALT). Listing on the Cboe today, BALT will use options on SPY (SPDR S&P 500 ETF Trust) ...

2 years ago - ETF Trends