Innovator S&P Investment Grade Preferred ETF (BATS:EPRF) Stock Price Down 0.1% – What’s Next?

Innovator S&P Investment Grade Preferred ETF (BATS:EPRF)’s stock price fell 0.1% during mid-day trading 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 session volume of 13,217 shares. The stock had previously closed at $16.72.

Innovator S&P Investment Grade Preferred ETF Stock Down 0.1%

The company’s fifty day moving average is $16.88 and its 200-day moving average is $17.21.

Hedge Funds Weigh In On Innovator S&P Investment Grade Preferred ETF

A number of hedge funds have recently modified their holdings of the company. HRT Financial LP purchased a new stake in shares of Innovator S&P Investment Grade Preferred ETF in the fourth quarter worth $198,000. FORM Wealth Advisors LLC purchased a new position in shares of Innovator S&P Investment Grade Preferred ETF during the 4th quarter valued at $235,000. Susquehanna International Group LLP boosted its holdings 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 worth $375,000 after buying an additional 805 shares during the period. AlphaCore Capital LLC bought a new position in Innovator S&P Investment Grade Preferred ETF in the 4th quarter worth $413,000. Finally, Citadel Advisors LLC purchased a new stake in Innovator S&P Investment Grade Preferred ETF in the 3rd quarter worth $446,000.

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.