Elmwood Wealth Management Inc. Buys 15,979 Shares of Innovator Deepwater Frontier Tech ETF $LOUP

Elmwood Wealth Management Inc. increased its stake in shares of Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) by 21.8% during the second quarter, HoldingsChannel reports. The institutional investor owned 89,204 shares of the company’s stock after buying an additional 15,979 shares during the quarter. Innovator Deepwater Frontier Tech ETF accounts for about 2.2% of Elmwood Wealth Management Inc.’s investment portfolio, making the stock its 9th largest holding. Elmwood Wealth Management Inc. owned approximately 0.06% of Innovator Deepwater Frontier Tech ETF worth $5,585,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in LOUP. Capital Investment Advisory Services LLC lifted its stake in Innovator Deepwater Frontier Tech ETF by 40.0% during the first quarter. Capital Investment Advisory Services LLC now owns 1,602 shares of the company’s stock worth $73,000 after purchasing an additional 458 shares during the last quarter. Tradition Wealth Management LLC lifted its stake in Innovator Deepwater Frontier Tech ETF by 2.5% during the first quarter. Tradition Wealth Management LLC now owns 198,851 shares of the company’s stock worth $9,030,000 after purchasing an additional 4,944 shares during the last quarter. Royal Bank of Canada lifted its stake in 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 worth $9,943,000 after purchasing an additional 30,427 shares during the last quarter. Mattson Financial Services LLC bought a new stake in Innovator Deepwater Frontier Tech ETF during the first quarter worth $1,412,000. Finally, Gradient Investments LLC lifted its stake in Innovator Deepwater Frontier Tech ETF by 17.7% during the second quarter. Gradient Investments LLC now owns 193,309 shares of the company’s stock worth $12,103,000 after purchasing an additional 29,074 shares during the last quarter.

Innovator Deepwater Frontier Tech ETF Price Performance

NYSEARCA LOUP opened at $77.36 on Tuesday. The business has a fifty day moving average price of $69.63 and a two-hundred day moving average price of $59.72. Innovator Deepwater Frontier Tech ETF has a fifty-two week low of $37.23 and a fifty-two week high of $78.66. The stock has a market capitalization of $135.38 million, a PE ratio of 34.62 and a beta of 1.37.

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.