Invesco Floating Rate Municipal Income ETF (NYSEARCA:PVI – Get Free Report) shares traded down 0% on Monday . The stock traded as low as $24.80 and last traded at $24.88. 5,542 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 7,260 shares. The stock had previously closed at $24.89.
Invesco Floating Rate Municipal Income ETF Trading Down 0.0%
The firm’s fifty day moving average price is $24.84 and its two-hundred day moving average price is $24.83.
Institutional Investors Weigh In On Invesco Floating Rate Municipal Income ETF
Hedge funds have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC acquired a new position in shares of Invesco Floating Rate Municipal Income ETF during the first quarter worth approximately $991,000. Foundations Investment Advisors LLC increased its stake in Invesco Floating Rate Municipal Income ETF by 77.7% during the 4th quarter. Foundations Investment Advisors LLC now owns 37,710 shares of the company’s stock valued at $940,000 after purchasing an additional 16,492 shares in the last quarter. Integrated Wealth Concepts LLC bought a new stake in Invesco Floating Rate Municipal Income ETF during the 2nd quarter valued at $29,000. Avior Wealth Management LLC raised its holdings in Invesco Floating Rate Municipal Income ETF by 15.7% during the second quarter. Avior Wealth Management LLC now owns 19,679 shares of the company’s stock worth $490,000 after buying an additional 2,675 shares during the last quarter. Finally, Arkadios Wealth Advisors bought a new position in shares of Invesco Floating Rate Municipal Income ETF in the first quarter valued at $426,000.
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.
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