Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) Trading Down 2.2%

Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) shares were down 2.2% during mid-day trading on Monday . The company traded as low as $45.05 and last traded at $45.34. Approximately 4,317 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 9,020 shares. The stock had previously closed at $46.36.

Innovator Deepwater Frontier Tech ETF Stock Down 2.2 %

The firm has a market cap of $52.15 million, a price-to-earnings ratio of 43.32 and a beta of 1.37. The company has a 50-day moving average price of $46.84 and a 200 day moving average price of $42.25.

Hedge Funds Weigh In On Innovator Deepwater Frontier Tech ETF

A number of large investors have recently made changes to their positions in the business. Jane Street Group LLC increased its stake in shares of Innovator Deepwater Frontier Tech ETF by 152.6% in the third quarter. Jane Street Group LLC now owns 143,582 shares of the company’s stock worth $3,855,000 after acquiring an additional 86,731 shares during the last quarter. Citadel Advisors LLC purchased a new stake in shares of Innovator Deepwater Frontier Tech ETF during the 2nd quarter worth about $1,076,000. Triumph Capital Management acquired a new stake in shares of Innovator Deepwater Frontier Tech ETF during the 3rd quarter valued at about $1,215,000. Captrust Financial Advisors bought a new stake in shares of Innovator Deepwater Frontier Tech ETF in the 2nd quarter valued at approximately $452,000. Finally, Epiq Partners LLC increased its holdings in Innovator Deepwater Frontier Tech ETF by 16.3% in the first quarter. Epiq Partners LLC now owns 77,984 shares of the company’s stock worth $3,724,000 after buying an additional 10,901 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.