MGO One Seven LLC lifted its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Free Report) by 3.1% during the second quarter, Holdings Channel.com reports. The firm owned 33,544 shares of the company’s stock after acquiring an additional 998 shares during the period. MGO One Seven LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $804,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in VRP. BNP Paribas Financial Markets boosted its position in shares of Invesco Variable Rate Preferred ETF by 75,025.0% during the 1st quarter. BNP Paribas Financial Markets now owns 3,005 shares of the company’s stock worth $71,000 after purchasing an additional 3,001 shares in the last quarter. Vima LLC bought a new position in shares of Invesco Variable Rate Preferred ETF during the 4th quarter worth about $78,000. Key Financial Inc boosted its position in shares of Invesco Variable Rate Preferred ETF by 59.6% during the 2nd quarter. Key Financial Inc now owns 3,370 shares of the company’s stock worth $81,000 after purchasing an additional 1,259 shares in the last quarter. Sound Income Strategies LLC boosted its position in shares of Invesco Variable Rate Preferred ETF by 33.4% during the 1st quarter. Sound Income Strategies LLC now owns 3,996 shares of the company’s stock worth $95,000 after purchasing an additional 1,000 shares in the last quarter. Finally, ORG Partners LLC bought a new position in shares of Invesco Variable Rate Preferred ETF during the 2nd quarter worth about $140,000.
Invesco Variable Rate Preferred ETF Price Performance
VRP stock opened at $24.40 on Friday. The company’s 50-day moving average is $24.09 and its 200-day moving average is $23.88. Invesco Variable Rate Preferred ETF has a 1 year low of $21.60 and a 1 year high of $24.52.
About Invesco Variable Rate Preferred ETF
The Invesco Variable Rate Preferred ETF (VRP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of variable- and floating-rate preferred stocks. VRP was launched on May 1, 2014 and is managed by Invesco.
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Want to see what other hedge funds are holding VRP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Free Report).
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