Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) Trading Up 0.1% – Here’s What Happened

Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) shares were up 0.1% during mid-day trading on Monday . The company traded as high as $86.39 and last traded at $85.91. Approximately 21,403 shares changed hands during mid-day trading, an increase of 36% from the average daily volume of 15,736 shares. The stock had previously closed at $85.82.

Innovator Deepwater Frontier Tech ETF Price Performance

The stock has a fifty day moving average price of $77.32 and a 200-day moving average price of $77.41. The company has a market cap of $189.40 million, a PE ratio of 34.62 and a beta of 1.64.

Hedge Funds Weigh In On Innovator Deepwater Frontier Tech ETF

A number of hedge funds have recently modified their holdings of the stock. Rockefeller Capital Management L.P. increased its stake in shares of 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 acquiring an additional 414 shares during the last quarter. Federation des caisses Desjardins du Quebec increased its stake in shares of Innovator Deepwater Frontier Tech ETF by 63.0% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,501 shares of the company’s stock worth $115,000 after acquiring an additional 580 shares during the last quarter. Mariner LLC increased its stake in shares of Innovator Deepwater Frontier Tech ETF by 15.0% in the third quarter. Mariner LLC now owns 4,642 shares of the company’s stock worth $343,000 after acquiring an additional 604 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Innovator Deepwater Frontier Tech ETF in the fourth quarter worth $53,000. Finally, Triumph Capital Management increased its stake in shares of Innovator Deepwater Frontier Tech ETF by 36.4% in the fourth quarter. Triumph Capital Management now owns 2,896 shares of the company’s stock worth $221,000 after acquiring an additional 773 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.