Innovator S&P Investment Grade Preferred ETF (BATS:EPRF) Trading Down 0.1% – Here’s What Happened

Innovator S&P Investment Grade Preferred ETF (BATS:EPRF)’s share price traded down 0.1% on Tuesday . The company traded as low as $16.66 and last traded at $16.70. Approximately 11,444 shares traded hands during trading, a decline of 13% from the average daily volume of 13,217 shares. The stock had previously closed at $16.72.

Innovator S&P Investment Grade Preferred ETF Stock Performance

The business’s 50 day moving average price is $16.87 and its 200-day moving average price is $17.20.

Institutional Trading of Innovator S&P Investment Grade Preferred ETF

Several large investors have recently modified their holdings of the business. Royal Bank of Canada grew its stake in Innovator S&P Investment Grade Preferred ETF by 61.5% during the 1st quarter. Royal Bank of Canada now owns 866,916 shares of the company’s stock valued at $14,382,000 after purchasing an additional 330,002 shares in the last quarter. Websterrogers Financial Advisors LLC boosted its stake in shares of Innovator S&P Investment Grade Preferred ETF by 4.8% during the 4th quarter. Websterrogers Financial Advisors LLC now owns 104,601 shares of the company’s stock valued at $1,840,000 after buying an additional 4,773 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Innovator S&P Investment Grade Preferred ETF by 11.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 103,544 shares of the company’s stock worth $1,853,000 after buying an additional 10,773 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of Innovator S&P Investment Grade Preferred ETF by 3.7% during the second quarter. Raymond James Financial Inc. now owns 72,435 shares of the company’s stock worth $1,277,000 after buying an additional 2,553 shares in the last quarter. Finally, Whipplewood Advisors LLC increased its stake in shares of Innovator S&P Investment Grade Preferred ETF by 2.3% in the first quarter. Whipplewood Advisors LLC now owns 40,641 shares of the company’s stock worth $674,000 after buying an additional 908 shares during the last quarter.

About Innovator S&P Investment Grade Preferred ETF

The Innovator S&P Investment Grade Preferred ETF (EPRF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index composed of U.S.-listed, investment grade, fixed-rate preferred issues, with a modified equal weighting. EPRF was launched on May 24, 2016 and is managed by Innovator.