Gradient Investments LLC Sells 23,849 Shares of Innovator Deepwater Frontier Tech ETF $LOUP

Gradient Investments LLC lowered its position in Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) by 8.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 264,367 shares of the company’s stock after selling 23,849 shares during the period. Gradient Investments LLC owned about 11.25% of Innovator Deepwater Frontier Tech ETF worth $26,056,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of LOUP. HighTower Advisors LLC raised its holdings in Innovator Deepwater Frontier Tech ETF by 216.9% during the fourth quarter. HighTower Advisors LLC now owns 33,124 shares of the company’s stock valued at $2,531,000 after acquiring an additional 22,672 shares during the period. 46 Peaks LLC bought a new position in shares of Innovator Deepwater Frontier Tech ETF in the fourth quarter worth about $932,000. Mattson Financial Services LLC boosted its stake in shares of Innovator Deepwater Frontier Tech ETF by 10.1% in the fourth quarter. Mattson Financial Services LLC now owns 44,621 shares of the company’s stock worth $3,409,000 after acquiring an additional 4,098 shares during the period. Sigma Planning Corp purchased a new stake in shares of Innovator Deepwater Frontier Tech ETF during the fourth quarter worth about $284,000. Finally, Safe Harbor Wealth Advisors LLC purchased a new stake in shares of Innovator Deepwater Frontier Tech ETF during the fourth quarter worth about $348,000.

Innovator Deepwater Frontier Tech ETF Trading Up 4.4%

Shares of LOUP opened at $93.43 on Friday. The business’s 50 day moving average is $92.48 and its 200 day moving average is $83.17. The company has a market capitalization of $219.56 million, a PE ratio of 34.62 and a beta of 1.70. Innovator Deepwater Frontier Tech ETF has a 12-month low of $61.31 and a 12-month high of $100.30.

About Innovator Deepwater Frontier Tech ETF

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. LOUP was launched on Jul 25, 2018 and is managed by Innovator.