Envestnet Portfolio Solutions Inc. lowered its position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Free Report) by 89.6% during the fourth quarter, Holdings Channel reports. The fund owned 12,998 shares of the company’s stock after selling 111,683 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Invesco Variable Rate Preferred ETF were worth $316,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in Invesco Variable Rate Preferred ETF during the fourth quarter worth approximately $51,000. Private Trust Co. NA boosted its position in Invesco Variable Rate Preferred ETF by 165.2% during the fourth quarter. Private Trust Co. NA now owns 2,209 shares of the company’s stock worth $54,000 after acquiring an additional 1,376 shares during the last quarter. LFA Lugano Financial Advisors SA boosted its position in Invesco Variable Rate Preferred ETF by 136.8% during the fourth quarter. LFA Lugano Financial Advisors SA now owns 5,067 shares of the company’s stock worth $123,000 after acquiring an additional 2,927 shares during the last quarter. Luken Investment Analytics LLC acquired a new stake in Invesco Variable Rate Preferred ETF during the fourth quarter worth approximately $135,000. Finally, Advisors Preferred LLC boosted its position in Invesco Variable Rate Preferred ETF by 296.9% during the third quarter. Advisors Preferred LLC now owns 6,612 shares of the company’s stock worth $164,000 after acquiring an additional 4,946 shares during the last quarter.
Invesco Variable Rate Preferred ETF Stock Performance
Shares of NYSEARCA VRP opened at $24.36 on Friday. Invesco Variable Rate Preferred ETF has a 1 year low of $23.71 and a 1 year high of $24.93. The firm’s 50 day moving average price is $24.24 and its 200 day moving average price is $24.37.
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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