Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) Stock Price Up 1.9% – What’s Next?

Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) was up 1.9% during mid-day trading on Wednesday . The stock traded as high as $47.47 and last traded at $47.02. Approximately 9,111 shares changed hands during mid-day trading, an increase of 10% from the average daily volume of 8,254 shares. The stock had previously closed at $46.13.

Innovator Deepwater Frontier Tech ETF Stock Down 7.7 %

The firm has a market capitalization of $63.15 million, a P/E ratio of 28.38 and a beta of 1.40. The business has a 50-day moving average price of $53.52 and a 200-day moving average price of $53.13.

Institutional Trading of Innovator Deepwater Frontier Tech ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in LOUP. Tradition Wealth Management LLC increased its stake in shares of Innovator Deepwater Frontier Tech ETF by 1.4% in the 4th quarter. Tradition Wealth Management LLC now owns 193,907 shares of the company’s stock valued at $10,344,000 after acquiring an additional 2,662 shares during the last quarter. Jane Street Group LLC increased its stake in Innovator Deepwater Frontier Tech ETF by 50.5% in the third quarter. Jane Street Group LLC now owns 50,484 shares of the company’s stock valued at $2,403,000 after purchasing an additional 16,933 shares in the last quarter. Elmwood Wealth Management Inc. raised its holdings in Innovator Deepwater Frontier Tech ETF by 12.9% in the fourth quarter. Elmwood Wealth Management Inc. now owns 47,726 shares of the company’s stock worth $2,546,000 after purchasing an additional 5,442 shares during the period. Marshall & Sterling Wealth Advisors Inc. bought a new position in Innovator Deepwater Frontier Tech ETF during the fourth quarter worth about $1,774,000. Finally, Raymond James Financial Inc. bought a new position in shares of Innovator Deepwater Frontier Tech ETF during the 4th quarter valued at about $440,000.

Innovator Deepwater Frontier Tech ETF Company Profile

The Innovator Loup Frontier Tech ETF (LOUP) is an exchange-traded fund that is based on the Loup Frontier Tech index. The fund tracks an index of developed- and emerging-market stocks that are influencing the future of technology. Holdings are selected by fundamental criteria and equally weighted in two tiers.