Shares of Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP – Get Free Report) traded up 1.5% on Friday . The stock traded as high as $86.79 and last traded at $86.75. Approximately 10,449 shares traded hands during trading, a decline of 29% from the average daily volume of 14,717 shares. The stock had previously closed at $85.51.
Innovator Deepwater Frontier Tech ETF Trading Up 1.5%
The stock has a 50 day simple moving average of $89.14 and a 200 day simple moving average of $85.75. The firm has a market capitalization of $260.16 million, a PE ratio of 34.62 and a beta of 1.70.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. raised its stake in Innovator Deepwater Frontier Tech ETF by 243.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 584 shares of the company’s stock worth $45,000 after buying an additional 414 shares in the last quarter. Fifth Third Bancorp purchased a new position in Innovator Deepwater Frontier Tech ETF during the first quarter valued at $207,000. NWF Advisory Services Inc. bought a new stake in Innovator Deepwater Frontier Tech ETF in the second quarter worth $210,000. Paladin Wealth LLC grew its stake in shares of Innovator Deepwater Frontier Tech ETF by 29.8% in the first quarter. Paladin Wealth LLC now owns 4,650 shares of the company’s stock worth $320,000 after acquiring an additional 1,067 shares during the last quarter. Finally, 46 Peaks LLC grew its stake in shares of Innovator Deepwater Frontier Tech ETF by 10.5% in the first quarter. 46 Peaks LLC now owns 13,486 shares of the company’s stock worth $928,000 after acquiring an additional 1,285 shares during the last quarter.
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. LOUP was launched on Jul 25, 2018 and is managed by Innovator.
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