Renaissance Technologies LLC Sells 33,560 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Renaissance Technologies LLC cut its holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 8.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 382,073 shares of the company’s stock after selling 33,560 shares during the period. Renaissance Technologies LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $9,154,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. BNP Paribas Financial Markets lifted 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 valued at $71,000 after acquiring an additional 3,001 shares during the period. Vima LLC bought a new stake in Invesco Variable Rate Preferred ETF during the fourth quarter worth about $78,000. Key Financial Inc grew its stake in 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 buying an additional 1,259 shares in the last quarter. Sound Income Strategies LLC increased its holdings in Invesco Variable Rate Preferred ETF by 33.4% in the 1st quarter. Sound Income Strategies LLC now owns 3,996 shares of the company’s stock valued at $95,000 after buying an additional 1,000 shares during the period. Finally, ORG Partners LLC acquired a new position in shares of Invesco Variable Rate Preferred ETF in the 2nd quarter valued at approximately $140,000.

Invesco Variable Rate Preferred ETF Price Performance

Shares of Invesco Variable Rate Preferred ETF stock opened at $24.51 on Wednesday. The company has a 50 day moving average of $24.16 and a 200-day moving average of $23.93. Invesco Variable Rate Preferred ETF has a 1-year low of $21.60 and a 1-year high of $24.66.

Invesco Variable Rate Preferred ETF Company 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.