Elmwood Wealth Management Inc. Raises Holdings in Innovator Deepwater Frontier Tech ETF $LOUP

Elmwood Wealth Management Inc. grew its position in Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) by 21.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 89,204 shares of the company’s stock after purchasing an additional 15,979 shares during the period. Innovator Deepwater Frontier Tech ETF makes up approximately 2.2% of Elmwood Wealth Management Inc.’s investment portfolio, making the stock its 9th largest holding. Elmwood Wealth Management Inc. owned 5.58% of Innovator Deepwater Frontier Tech ETF worth $5,585,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Capital Investment Advisory Services LLC lifted its holdings in shares of Innovator Deepwater Frontier Tech ETF by 40.0% in the first quarter. Capital Investment Advisory Services LLC now owns 1,602 shares of the company’s stock valued at $73,000 after purchasing an additional 458 shares in the last quarter. Mattson Financial Services LLC bought a new stake in shares of Innovator Deepwater Frontier Tech ETF in the first quarter valued at about $1,412,000. Gradient Investments LLC raised its holdings in Innovator Deepwater Frontier Tech ETF by 17.7% during the second quarter. Gradient Investments LLC now owns 193,309 shares of the company’s stock worth $12,103,000 after acquiring an additional 29,074 shares in the last quarter. Tradition Wealth Management LLC raised its holdings in Innovator Deepwater Frontier Tech ETF by 2.5% during the first quarter. Tradition Wealth Management LLC now owns 198,851 shares of the company’s stock worth $9,030,000 after acquiring an additional 4,944 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in Innovator Deepwater Frontier Tech ETF by 16.1% during the first quarter. Royal Bank of Canada now owns 218,927 shares of the company’s stock worth $9,943,000 after acquiring an additional 30,427 shares in the last quarter.

Innovator Deepwater Frontier Tech ETF Stock Performance

LOUP opened at $77.36 on Tuesday. Innovator Deepwater Frontier Tech ETF has a 52-week low of $37.23 and a 52-week high of $78.66. The firm has a market capitalization of $135.38 million, a PE ratio of 34.62 and a beta of 1.37. The business’s 50-day simple moving average is $69.63 and its 200 day simple moving average is $59.72.

Innovator Deepwater Frontier Tech ETF 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.