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

Tradition Wealth Management LLC trimmed its position in shares of Innovator Deepwater Frontier Tech ETF (NYSEARCA:LOUP) by 6.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 183,431 shares of the company’s stock after selling 12,455 shares during the quarter. Innovator Deepwater Frontier Tech ETF accounts for approximately 1.0% of Tradition Wealth Management LLC’s investment portfolio, making the stock its 28th largest position. Tradition Wealth Management LLC owned 8.34% of Innovator Deepwater Frontier Tech ETF worth $14,016,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of LOUP. Gradient Investments LLC boosted its stake in Innovator Deepwater Frontier Tech ETF by 13.6% during the fourth quarter. Gradient Investments LLC now owns 279,217 shares of the company’s stock worth $21,335,000 after buying an additional 33,492 shares during the period. Royal Bank of Canada boosted 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 buying an additional 30,427 shares during the period. HighTower Advisors LLC boosted its stake in Innovator Deepwater Frontier Tech ETF by 216.9% during the fourth quarter. HighTower Advisors LLC now owns 33,124 shares of the company’s stock worth $2,531,000 after buying an additional 22,672 shares during the period. Sigma Planning Corp purchased a new position in Innovator Deepwater Frontier Tech ETF during the fourth quarter worth $284,000. Finally, Paladin Wealth LLC purchased a new position in Innovator Deepwater Frontier Tech ETF during the fourth quarter worth $274,000.

Innovator Deepwater Frontier Tech ETF Stock Down 6.2%

NYSEARCA LOUP opened at $92.61 on Friday. The company has a fifty day moving average of $82.60 and a two-hundred day moving average of $78.64. The firm has a market capitalization of $203.74 million, a price-to-earnings ratio of 34.62 and a beta of 1.68. Innovator Deepwater Frontier Tech ETF has a 52 week low of $56.32 and a 52 week high of $100.00.

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.