Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) Shares Up 1.9% – What’s Next?

Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) rose 1.9% on Wednesday . The stock traded as high as $47.47 and last traded at $47.02. Approximately 9,111 shares were traded during trading, an increase of 10% from the average daily volume of 8,254 shares. The stock had previously closed at $46.13.

Innovator Deepwater Frontier Tech ETF Price Performance

The stock has a market cap of $75.23 million, a PE ratio of 28.38 and a beta of 1.40. The firm has a 50 day moving average of $53.88 and a two-hundred day moving average of $53.20.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Ulland Investment Advisors LLC purchased a new position in shares of Innovator Deepwater Frontier Tech ETF during the fourth quarter worth about $53,000. Comerica Bank purchased a new stake in Innovator Deepwater Frontier Tech ETF during the 4th quarter valued at approximately $160,000. Dorsey & Whitney Trust CO LLC purchased a new position in shares of Innovator Deepwater Frontier Tech ETF in the 4th quarter valued at approximately $213,000. HighTower Advisors LLC acquired a new position in shares of Innovator Deepwater Frontier Tech ETF in the fourth quarter valued at approximately $220,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Innovator Deepwater Frontier Tech ETF during the fourth 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.