Private Advisor Group LLC increased its position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Free Report) by 3.3% during the 3rd quarter, Holdings Channel reports. The fund owned 124,708 shares of the company’s stock after buying an additional 3,964 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $3,050,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. BNP Paribas Financial Markets increased its stake in 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. Key Financial Inc raised its holdings in shares of Invesco Variable Rate Preferred ETF by 59.6% during the second quarter. Key Financial Inc now owns 3,370 shares of the company’s stock worth $81,000 after acquiring an additional 1,259 shares during the period. ORG Partners LLC bought a new stake in Invesco Variable Rate Preferred ETF in the 2nd quarter valued at $140,000. MGB Wealth Management LLC boosted its stake in Invesco Variable Rate Preferred ETF by 19.6% in the 1st quarter. MGB Wealth Management LLC now owns 7,937 shares of the company’s stock worth $189,000 after purchasing an additional 1,300 shares during the period. Finally, Kovack Advisors Inc. acquired a new position in Invesco Variable Rate Preferred ETF in the 1st quarter worth $205,000.
Invesco Variable Rate Preferred ETF Price Performance
VRP opened at $24.41 on Tuesday. The business’s 50-day moving average price is $24.40 and its two-hundred day moving average price is $24.05. Invesco Variable Rate Preferred ETF has a 1 year low of $21.62 and a 1 year high of $24.67.
Invesco Variable Rate Preferred ETF Profile
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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