Invesco Variable Rate Preferred ETF $VRP Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its stake in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 13.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 393,325 shares of the company’s stock after buying an additional 46,747 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.39% of Invesco Variable Rate Preferred ETF worth $9,432,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Advisory Services Network LLC lifted its holdings in Invesco Variable Rate Preferred ETF by 1.4% in the third quarter. Advisory Services Network LLC now owns 33,782 shares of the company’s stock valued at $834,000 after acquiring an additional 458 shares during the period. Equitable Holdings Inc. increased its holdings in shares of Invesco Variable Rate Preferred ETF by 3.8% during the 4th quarter. Equitable Holdings Inc. now owns 13,531 shares of the company’s stock valued at $329,000 after purchasing an additional 493 shares in the last quarter. Blair William & Co. IL increased its holdings in shares of Invesco Variable Rate Preferred ETF by 7.7% during the 4th quarter. Blair William & Co. IL now owns 6,986 shares of the company’s stock valued at $170,000 after purchasing an additional 501 shares in the last quarter. Corient Private Wealth LLC increased its holdings in shares of Invesco Variable Rate Preferred ETF by 1.4% during the 2nd quarter. Corient Private Wealth LLC now owns 36,992 shares of the company’s stock valued at $904,000 after purchasing an additional 520 shares in the last quarter. Finally, Endowment Wealth Management Inc. lifted its stake in shares of Invesco Variable Rate Preferred ETF by 3.5% in the 4th quarter. Endowment Wealth Management Inc. now owns 16,481 shares of the company’s stock valued at $401,000 after purchasing an additional 554 shares during the period.

Invesco Variable Rate Preferred ETF Price Performance

Shares of NYSEARCA VRP opened at $24.41 on Friday. The company’s fifty day moving average price is $24.33 and its 200 day moving average price is $24.35. Invesco Variable Rate Preferred ETF has a 1 year low of $23.71 and a 1 year high of $24.93.

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.