Insigneo Advisory Services LLC Purchases 4,126 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Insigneo Advisory Services LLC increased its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 25.2% during the 2nd quarter, Holdings Channel.com reports. The fund owned 20,528 shares of the company’s stock after purchasing an additional 4,126 shares during the quarter. Insigneo Advisory Services LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $485,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Thoroughbred Financial Services LLC lifted its position in shares of Invesco Variable Rate Preferred ETF by 3.9% in the second quarter. Thoroughbred Financial Services LLC now owns 11,533 shares of the company’s stock valued at $276,000 after acquiring an additional 435 shares in the last quarter. Ausdal Financial Partners Inc. increased its holdings in Invesco Variable Rate Preferred ETF by 0.9% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 55,842 shares of the company’s stock worth $1,338,000 after purchasing an additional 482 shares during the period. MFA Wealth Advisors LLC increased its holdings in Invesco Variable Rate Preferred ETF by 2.2% during the 2nd quarter. MFA Wealth Advisors LLC now owns 22,515 shares of the company’s stock worth $539,000 after purchasing an additional 490 shares during the period. J. W. Coons Advisors LLC increased its holdings in shares of Invesco Variable Rate Preferred ETF by 2.8% in the 4th quarter. J. W. Coons Advisors LLC now owns 28,465 shares of the company’s stock valued at $657,000 after acquiring an additional 780 shares during the period. Finally, MGO One Seven LLC increased its holdings in shares of Invesco Variable Rate Preferred ETF by 3.1% in the 2nd quarter. MGO One Seven LLC now owns 33,544 shares of the company’s stock valued at $804,000 after acquiring an additional 998 shares during the period.

Invesco Variable Rate Preferred ETF Trading Up 0.3 %

Shares of NYSEARCA:VRP opened at $24.55 on Friday. Invesco Variable Rate Preferred ETF has a 12-month low of $21.60 and a 12-month high of $24.66. The business’s fifty day simple moving average is $24.17 and its 200-day simple moving average is $23.93.

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.