416,172 Shares in Invesco Variable Rate Preferred ETF $VRP Bought by Westover Capital Advisors LLC

Westover Capital Advisors LLC acquired a new stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 416,172 shares of the company’s stock, valued at approximately $9,867,000. Invesco Variable Rate Preferred ETF accounts for about 1.6% of Westover Capital Advisors LLC’s holdings, making the stock its 19th largest holding. Westover Capital Advisors LLC owned 0.33% of Invesco Variable Rate Preferred ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Atwood & Palmer Inc. acquired a new position in Invesco Variable Rate Preferred ETF in the third quarter valued at $43,000. International Assets Investment Management LLC boosted its position in shares of Invesco Variable Rate Preferred ETF by 51.4% in the first quarter. International Assets Investment Management LLC now owns 3,180 shares of the company’s stock worth $77,000 after buying an additional 1,080 shares during the period. Ascentis Independent Advisors acquired a new stake in Invesco Variable Rate Preferred ETF during the 1st quarter valued at $141,000. Coastline Trust Co purchased a new stake in Invesco Variable Rate Preferred ETF during the 3rd quarter worth approximately $154,000. Finally, Barrett & Company Inc. bought a new position in shares of Invesco Variable Rate Preferred ETF during the third quarter worth about $161,000.

Invesco Variable Rate Preferred ETF Trading Up 0.0%

Shares of Invesco Variable Rate Preferred ETF stock opened at $23.57 on Tuesday. Invesco Variable Rate Preferred ETF has a twelve month low of $23.47 and a twelve month high of $24.75. The business’s 50 day simple moving average is $23.91 and its 200-day simple moving average is $24.22.

Invesco Variable Rate Preferred ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

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