HighTower Advisors LLC Boosts Stake 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% in the 4th quarter, HoldingsChannel.com reports. The fund owned 33,124 shares of the company’s stock after buying an additional 22,672 shares during the quarter. HighTower Advisors LLC’s holdings in Innovator Deepwater Frontier Tech ETF were worth $2,531,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of LOUP. Triumph Capital Management acquired a new stake in Innovator Deepwater Frontier Tech ETF during the 3rd quarter valued at approximately $157,000. Comerica Bank lifted its stake 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 acquiring an additional 1,000 shares during the period. Paladin Wealth LLC acquired a new stake in Innovator Deepwater Frontier Tech ETF during the 4th quarter valued at approximately $274,000. Sigma Planning Corp acquired a new stake in Innovator Deepwater Frontier Tech ETF during the 4th quarter valued at approximately $284,000. Finally, Mariner LLC lifted its stake 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 acquiring an additional 604 shares during the period.

Innovator Deepwater Frontier Tech ETF Stock Performance

Shares of NYSEARCA LOUP opened at $97.76 on Monday. Innovator Deepwater Frontier Tech ETF has a 12 month low of $53.22 and a 12 month high of $97.99. The company has a 50 day simple moving average of $79.98 and a two-hundred day simple moving average of $77.95. The stock has a market cap of $215.07 million, a price-to-earnings ratio of 34.62 and a beta of 1.64.

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. LOUP was launched on Jul 25, 2018 and is managed by Innovator.