Innovator S&P Investment Grade Preferred ETF (BATS:EPRF) Shares Sold by Stifel Financial Corp

Stifel Financial Corp lessened its holdings in shares of Innovator S&P Investment Grade Preferred ETF (BATS:EPRF) by 11.9% during the 4th quarter, Holdings Channel reports. The firm owned 13,803 shares of the company’s stock after selling 1,860 shares during the period. Stifel Financial Corp’s holdings in Innovator S&P Investment Grade Preferred ETF were worth $251,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in Innovator S&P Investment Grade Preferred ETF in the fourth quarter valued at approximately $1,285,000. Whipplewood Advisors LLC acquired a new stake in Innovator S&P Investment Grade Preferred ETF in the fourth quarter valued at approximately $633,000. Chicago Partners Investment Group LLC raised its holdings in Innovator S&P Investment Grade Preferred ETF by 8.3% in the fourth quarter. Chicago Partners Investment Group LLC now owns 29,160 shares of the company’s stock valued at $533,000 after acquiring an additional 2,224 shares in the last quarter. Finally, Websterrogers Financial Advisors LLC raised its holdings in Innovator S&P Investment Grade Preferred ETF by 2.5% in the fourth quarter. Websterrogers Financial Advisors LLC now owns 89,106 shares of the company’s stock valued at $1,619,000 after acquiring an additional 2,207 shares in the last quarter.

Innovator S&P Investment Grade Preferred ETF Stock Down 1.3%

Shares of BATS:EPRF opened at $17.71 on Thursday. The firm’s 50 day moving average price is $17.60 and its 200 day moving average price is $18.34. Innovator S&P Investment Grade Preferred ETF has a fifty-two week low of $16.71 and a fifty-two week high of $19.98.

Innovator S&P Investment Grade Preferred ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 31st were issued a $0.09 dividend. The ex-dividend date of this dividend was Monday, March 31st.

Innovator S&P Investment Grade Preferred ETF Profile

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.