Foresight Capital Management Advisors Inc. Has $1.59 Million Stock Holdings in Invesco Variable Rate Preferred ETF $VRP

Foresight Capital Management Advisors Inc. decreased its holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 6.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 64,907 shares of the company’s stock after selling 4,108 shares during the period. Foresight Capital Management Advisors Inc. owned approximately 0.07% of Invesco Variable Rate Preferred ETF worth $1,587,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Invesco Variable Rate Preferred ETF in the first quarter worth about $9,696,000. Williams Financial LLC acquired a new position in Invesco Variable Rate Preferred ETF during the 1st quarter worth approximately $8,271,000. Integrity Alliance LLC. bought a new position in Invesco Variable Rate Preferred ETF in the 1st quarter valued at approximately $5,335,000. Wealthcare Advisory Partners LLC boosted its position in Invesco Variable Rate Preferred ETF by 2,329.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 203,814 shares of the company’s stock valued at $4,983,000 after buying an additional 195,424 shares in the last quarter. Finally, LPL Financial LLC grew its stake in shares of Invesco Variable Rate Preferred ETF by 8.3% during the first quarter. LPL Financial LLC now owns 2,271,805 shares of the company’s stock worth $55,069,000 after buying an additional 173,408 shares during the last quarter.

Invesco Variable Rate Preferred ETF Trading Up 0.1%

Shares of NYSEARCA:VRP opened at $24.78 on Tuesday. Invesco Variable Rate Preferred ETF has a 52-week low of $23.03 and a 52-week high of $24.93. The company has a fifty day moving average of $24.63 and a 200-day moving average of $24.33.

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.