46 Peaks LLC Invests $932,000 in Innovator Deepwater Frontier Tech ETF $LOUP

46 Peaks LLC purchased a new position in Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) in the fourth quarter, HoldingsChannel reports. The fund purchased 12,201 shares of the company’s stock, valued at approximately $932,000. Innovator Deepwater Frontier Tech ETF makes up about 0.7% of 46 Peaks LLC’s portfolio, making the stock its 13th biggest holding.

Several other institutional investors have also recently added to or reduced their stakes in LOUP. Royal Bank of Canada increased its position in shares of Innovator Deepwater Frontier Tech ETF by 16.1% in the 1st 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. Epiq Partners LLC increased its holdings in Innovator Deepwater Frontier Tech ETF by 2.8% in the third quarter. Epiq Partners LLC now owns 79,915 shares of the company’s stock valued at $5,904,000 after buying an additional 2,179 shares during the last quarter. Comerica Bank raised its stake in Innovator Deepwater Frontier Tech ETF by 50.0% during the third quarter. Comerica Bank now owns 3,000 shares of the company’s stock valued at $222,000 after buying an additional 1,000 shares in the last quarter. Flow Traders U.S. LLC raised its stake in Innovator Deepwater Frontier Tech ETF by 13.2% during the third quarter. Flow Traders U.S. LLC now owns 23,166 shares of the company’s stock valued at $1,712,000 after buying an additional 2,705 shares in the last quarter. Finally, Mariner LLC raised its stake in Innovator Deepwater Frontier Tech ETF by 15.0% during the third quarter. Mariner LLC now owns 4,642 shares of the company’s stock valued at $343,000 after buying an additional 604 shares in the last quarter.

Innovator Deepwater Frontier Tech ETF Stock Up 2.7%

NYSEARCA:LOUP opened at $95.49 on Friday. The company has a market cap of $210.08 million, a PE ratio of 34.62 and a beta of 1.68. The business’s 50 day moving average is $86.94 and its two-hundred day moving average is $79.83. Innovator Deepwater Frontier Tech ETF has a 52 week low of $57.07 and a 52 week high of $100.00.

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.