Gradient Investments LLC Raises Stock Position in Innovator Deepwater Frontier Tech ETF $LOUP

Gradient Investments LLC grew its stake in Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) by 13.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 279,217 shares of the company’s stock after purchasing an additional 33,492 shares during the quarter. Gradient Investments LLC owned about 13.30% of Innovator Deepwater Frontier Tech ETF worth $21,335,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of LOUP. Royal Bank of Canada increased its position in shares of Innovator Deepwater Frontier Tech ETF by 16.1% during the first quarter. Royal Bank of Canada now owns 218,927 shares of the company’s stock valued at $9,943,000 after buying an additional 30,427 shares during the period. Elmwood Wealth Management Inc. lifted its stake in shares of Innovator Deepwater Frontier Tech ETF by 1.4% in the 3rd quarter. Elmwood Wealth Management Inc. now owns 90,447 shares of the company’s stock valued at $6,682,000 after purchasing an additional 1,243 shares during the period. Epiq Partners LLC boosted its position in shares of Innovator Deepwater Frontier Tech ETF by 2.8% during the third quarter. Epiq Partners LLC now owns 79,915 shares of the company’s stock valued at $5,904,000 after purchasing an additional 2,179 shares in the last quarter. Mattson Financial Services LLC grew its stake in Innovator Deepwater Frontier Tech ETF by 16.5% in the third quarter. Mattson Financial Services LLC now owns 40,523 shares of the company’s stock worth $2,994,000 after purchasing an additional 5,742 shares during the period. Finally, Flow Traders U.S. LLC grew its stake in Innovator Deepwater Frontier Tech ETF by 13.2% in the third quarter. Flow Traders U.S. LLC now owns 23,166 shares of the company’s stock worth $1,712,000 after purchasing an additional 2,705 shares during the period.

Innovator Deepwater Frontier Tech ETF Trading Down 3.6%

Shares of LOUP stock opened at $69.76 on Monday. The company’s fifty day moving average price is $76.37 and its 200-day moving average price is $76.43. The stock has a market cap of $153.47 million, a PE ratio of 34.62 and a beta of 1.55. Innovator Deepwater Frontier Tech ETF has a 12 month low of $37.23 and a 12 month high of $83.56.

Innovator Deepwater Frontier Tech ETF 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.