Royal Bank of Canada Boosts Position in Innovator S&P Investment Grade Preferred ETF $EPRF

Royal Bank of Canada raised its position in Innovator S&P Investment Grade Preferred ETF (BATS:EPRF) by 61.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 866,916 shares of the company’s stock after purchasing an additional 330,002 shares during the quarter. Royal Bank of Canada owned about 17.17% of Innovator S&P Investment Grade Preferred ETF worth $14,382,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in EPRF. Susquehanna International Group LLP boosted its position in Innovator S&P Investment Grade Preferred ETF by 4.1% in the 3rd quarter. Susquehanna International Group LLP now owns 20,495 shares of the company’s stock valued at $375,000 after buying an additional 805 shares during the period. Whipplewood Advisors LLC increased its position in shares of Innovator S&P Investment Grade Preferred ETF by 2.3% during the first quarter. Whipplewood Advisors LLC now owns 40,641 shares of the company’s stock worth $674,000 after acquiring an additional 908 shares during the period. Raymond James Financial Inc. increased 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 acquiring an additional 2,553 shares during the period. HRT Financial LP acquired a new stake in shares of Innovator S&P Investment Grade Preferred ETF in the fourth quarter valued at $198,000. Finally, FORM Wealth Advisors LLC acquired a new stake in shares of Innovator S&P Investment Grade Preferred ETF in the fourth quarter valued at $235,000.

Innovator S&P Investment Grade Preferred ETF Price Performance

EPRF opened at $16.63 on Friday. Innovator S&P Investment Grade Preferred ETF has a 12 month low of $16.35 and a 12 month high of $18.79. The business has a fifty day moving average price of $16.69 and a 200 day moving average price of $17.03.

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.