Jaffetilchin Investment Partners LLC Sells 14,318 Shares of Innovator S&P Investment Grade Preferred ETF (BATS:EPRF)

Jaffetilchin Investment Partners LLC decreased its position in Innovator S&P Investment Grade Preferred ETF (BATS:EPRF) by 2.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 566,388 shares of the company’s stock after selling 14,318 shares during the quarter. Innovator S&P Investment Grade Preferred ETF comprises 0.7% of Jaffetilchin Investment Partners LLC’s holdings, making the stock its 27th largest position. Jaffetilchin Investment Partners LLC owned 0.10% of Innovator S&P Investment Grade Preferred ETF worth $10,292,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Chicago Partners Investment Group LLC boosted its holdings in Innovator S&P Investment Grade Preferred ETF by 8.3% during the 4th 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 during the period. Jane Street Group LLC boosted its stake in shares of Innovator S&P Investment Grade Preferred ETF by 69.6% during the third quarter. Jane Street Group LLC now owns 33,476 shares of the company’s stock valued at $658,000 after purchasing an additional 13,737 shares during the period. Whipplewood Advisors LLC bought a new position in shares of Innovator S&P Investment Grade Preferred ETF in the fourth quarter worth approximately $633,000. Raymond James Financial Inc. purchased a new position in shares of Innovator S&P Investment Grade Preferred ETF in the fourth quarter worth $1,285,000. Finally, Websterrogers Financial Advisors LLC boosted its position in Innovator S&P Investment Grade Preferred ETF by 2.5% during the 4th quarter. Websterrogers Financial Advisors LLC now owns 89,106 shares of the company’s stock valued at $1,619,000 after buying an additional 2,207 shares during the period.

Innovator S&P Investment Grade Preferred ETF Price Performance

Shares of Innovator S&P Investment Grade Preferred ETF stock opened at $17.17 on Friday. The company’s fifty day simple moving average is $18.08 and its two-hundred day simple moving average is $18.72. Innovator S&P Investment Grade Preferred ETF has a 12-month low of $16.71 and a 12-month high of $19.98.

Innovator S&P Investment Grade Preferred ETF Cuts Dividend

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

Innovator S&P Investment Grade Preferred ETF Company 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.