HighTower Advisors LLC Boosts Stock Holdings in Innovator Deepwater Frontier Tech ETF $LOUP

HighTower Advisors LLC raised its holdings in shares of Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) by 216.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 33,124 shares of the company’s stock after purchasing an additional 22,672 shares during the period. HighTower Advisors LLC owned 1.51% of Innovator Deepwater Frontier Tech ETF worth $2,531,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in LOUP. Triumph Capital Management purchased a new position in Innovator Deepwater Frontier Tech ETF during the 3rd quarter valued at about $157,000. Comerica Bank increased its position in Innovator Deepwater Frontier Tech ETF by 50.0% during the 3rd quarter. Comerica Bank now owns 3,000 shares of the company’s stock valued at $222,000 after purchasing an additional 1,000 shares during the period. Paladin Wealth LLC purchased a new position in Innovator Deepwater Frontier Tech ETF during the 4th quarter valued at about $274,000. Sigma Planning Corp purchased a new position in Innovator Deepwater Frontier Tech ETF during the 4th quarter valued at about $284,000. Finally, Mariner LLC increased its position in Innovator Deepwater Frontier Tech ETF by 15.0% during the 3rd quarter. Mariner LLC now owns 4,642 shares of the company’s stock valued at $343,000 after purchasing an additional 604 shares during the period.

Innovator Deepwater Frontier Tech ETF Price Performance

Shares of Innovator Deepwater Frontier Tech ETF stock opened at $97.76 on Monday. The firm’s 50 day moving average price is $79.98 and its 200-day moving average price is $77.95. Innovator Deepwater Frontier Tech ETF has a 52-week low of $53.22 and a 52-week high of $97.99. The company has a market cap of $215.07 million, a P/E ratio of 34.62 and a beta of 1.64.

Innovator Deepwater Frontier Tech ETF 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.