Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) Stock Price Down 0.8% – What’s Next?

Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP)’s stock price dropped 0.8% during trading on Tuesday . The company traded as low as $55.53 and last traded at $55.68. Approximately 5,332 shares traded hands during trading, a decline of 12% from the average daily volume of 6,074 shares. The stock had previously closed at $56.14.

Innovator Deepwater Frontier Tech ETF Trading Down 1.4 %

The company has a market cap of $65.86 million, a price-to-earnings ratio of 41.76 and a beta of 1.61. The firm has a 50-day moving average price of $50.66 and a 200 day moving average price of $47.55.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of LOUP. Elmwood Wealth Management Inc. grew its position in shares of Innovator Deepwater Frontier Tech ETF by 220.7% during the 3rd quarter. Elmwood Wealth Management Inc. now owns 42,284 shares of the company’s stock valued at $2,013,000 after buying an additional 29,098 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Innovator Deepwater Frontier Tech ETF by 50.5% during 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 during the last quarter. Tradition Wealth Management LLC raised its position in shares of Innovator Deepwater Frontier Tech ETF by 3.5% during the 3rd quarter. Tradition Wealth Management LLC now owns 191,245 shares of the company’s stock worth $9,103,000 after purchasing an additional 6,554 shares during the period. Epiq Partners LLC boosted its position in Innovator Deepwater Frontier Tech ETF by 5.4% during the 2nd quarter. Epiq Partners LLC now owns 82,184 shares of the company’s stock valued at $3,911,000 after purchasing an additional 4,200 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in Innovator Deepwater Frontier Tech ETF by 3.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 9,849 shares of the company’s stock worth $469,000 after buying an additional 293 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.