Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) Stock Price Up 0.7% – Time to Buy?

Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) shares were up 0.7% on Tuesday . The stock traded as high as $61.33 and last traded at $60.95. Approximately 104,278 shares were traded during trading, an increase of 784% from the average daily volume of 11,802 shares. The stock had previously closed at $60.54.

Innovator Deepwater Frontier Tech ETF Stock Up 0.7 %

The stock’s fifty day moving average price is $57.28 and its 200-day moving average price is $51.76. The company has a market capitalization of $73.14 million, a price-to-earnings ratio of 41.76 and a beta of 1.61.

Institutional Investors Weigh In On Innovator Deepwater Frontier Tech ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in LOUP. Tradition Wealth Management LLC increased its position in shares of Innovator Deepwater Frontier Tech ETF by 3.5% in the third quarter. Tradition Wealth Management LLC now owns 191,245 shares of the company’s stock valued at $9,103,000 after acquiring an additional 6,554 shares during the last quarter. Jane Street Group LLC grew 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. grew its stake 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 valued at $2,546,000 after purchasing an additional 5,442 shares in the last quarter. Ulland Investment Advisors LLC acquired a new position in shares of Innovator Deepwater Frontier Tech ETF during the 4th quarter worth approximately $53,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Innovator Deepwater Frontier Tech ETF during the 4th quarter worth approximately $440,000.

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.