Invesco Floating Rate Municipal Income ETF $PVI Stock Position Lowered by Wealthcare Advisory Partners LLC

Wealthcare Advisory Partners LLC decreased its position in Invesco Floating Rate Municipal Income ETF (NYSEARCA:PVI) by 25.5% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 86,297 shares of the company’s stock after selling 29,499 shares during the period. Wealthcare Advisory Partners LLC owned about 6.39% of Invesco Floating Rate Municipal Income ETF worth $2,148,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Avior Wealth Management LLC raised its stake in Invesco Floating Rate Municipal Income ETF by 15.7% during the 2nd quarter. Avior Wealth Management LLC now owns 19,679 shares of the company’s stock valued at $490,000 after purchasing an additional 2,675 shares during the period. Arkadios Wealth Advisors acquired a new stake in shares of Invesco Floating Rate Municipal Income ETF in the first quarter worth $426,000. Cetera Investment Advisers grew its holdings in shares of Invesco Floating Rate Municipal Income ETF by 1.7% during the first quarter. Cetera Investment Advisers now owns 28,221 shares of the company’s stock valued at $702,000 after buying an additional 471 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in Invesco Floating Rate Municipal Income ETF during the first quarter valued at $991,000. Finally, Osaic Holdings Inc. raised its position in Invesco Floating Rate Municipal Income ETF by 200.4% during the fourth quarter. Osaic Holdings Inc. now owns 22,482 shares of the company’s stock valued at $560,000 after buying an additional 14,998 shares during the period.

Invesco Floating Rate Municipal Income ETF Price Performance

NYSEARCA:PVI opened at $24.82 on Thursday. Invesco Floating Rate Municipal Income ETF has a fifty-two week low of $24.62 and a fifty-two week high of $25.00. The stock’s 50-day moving average is $24.84 and its two-hundred day moving average is $24.81.

About Invesco Floating Rate Municipal Income ETF

The Invesco VRDO Tax-Free ETF (PVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of VRDOs issued by US municipalities. PVI was launched on Nov 15, 2007 and is managed by Invesco.