Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) Trading 0.7% Higher – What’s Next?

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

Innovator Deepwater Frontier Tech ETF Trading Up 0.7 %

The firm’s 50 day moving average price is $57.28 and its two-hundred 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.

Hedge Funds Weigh In On Innovator Deepwater Frontier Tech ETF

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