Tradition Wealth Management LLC Reduces Holdings in Innovator Deepwater Frontier Tech ETF $LOUP

Tradition Wealth Management LLC decreased its holdings in shares of Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) by 6.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 183,431 shares of the company’s stock after selling 12,455 shares during the period. Innovator Deepwater Frontier Tech ETF makes up approximately 1.0% of Tradition Wealth Management LLC’s investment portfolio, making the stock its 28th largest holding. Tradition Wealth Management LLC owned 0.08% of Innovator Deepwater Frontier Tech ETF worth $14,016,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Triumph Capital Management purchased a new stake in shares of Innovator Deepwater Frontier Tech ETF during the third quarter worth about $157,000. Comerica Bank grew its stake in shares of Innovator Deepwater Frontier Tech ETF by 50.0% during the third quarter. Comerica Bank now owns 3,000 shares of the company’s stock worth $222,000 after acquiring an additional 1,000 shares during the last quarter. Paladin Wealth LLC purchased a new stake in shares of Innovator Deepwater Frontier Tech ETF during the fourth quarter worth about $274,000. Sigma Planning Corp purchased a new stake in shares of Innovator Deepwater Frontier Tech ETF during the fourth quarter worth about $284,000. Finally, Mariner LLC grew its stake in shares of Innovator Deepwater Frontier Tech ETF by 15.0% during the third quarter. Mariner LLC now owns 4,642 shares of the company’s stock worth $343,000 after acquiring an additional 604 shares during the last quarter.

Innovator Deepwater Frontier Tech ETF Stock Performance

Shares of LOUP stock opened at $92.61 on Friday. Innovator Deepwater Frontier Tech ETF has a fifty-two week low of $56.32 and a fifty-two week high of $100.00. The firm has a market capitalization of $203.74 million, a price-to-earnings ratio of 34.62 and a beta of 1.68. The stock’s 50-day simple moving average is $82.60 and its 200-day simple moving average is $78.64.

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.