Invesco Variable Rate Preferred ETF $VRP Shares Newly Acquired by NTV Asset Management LLC

NTV Asset Management LLC bought a new position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 129,896 shares of the company’s stock, valued at approximately $3,080,000.

Other hedge funds have also modified their holdings of the company. Stephens Inc. AR lifted its position in shares of Invesco Variable Rate Preferred ETF by 4.6% during the first quarter. Stephens Inc. AR now owns 1,478,797 shares of the company’s stock valued at $35,462,000 after buying an additional 64,978 shares during the last quarter. Insight Wealth Strategies LLC purchased a new position in shares of Invesco Variable Rate Preferred ETF in the 2nd quarter worth approximately $22,654,000. Sanctuary Advisors LLC grew its position in shares of Invesco Variable Rate Preferred ETF by 6.5% in the 1st quarter. Sanctuary Advisors LLC now owns 417,981 shares of the company’s stock worth $10,023,000 after buying an additional 25,629 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of Invesco Variable Rate Preferred ETF by 13.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 393,325 shares of the company’s stock worth $9,432,000 after buying an additional 46,747 shares during the last quarter. Finally, Westover Capital Advisors LLC raised its stake in shares of Invesco Variable Rate Preferred ETF by 2.7% during the 1st quarter. Westover Capital Advisors LLC now owns 382,846 shares of the company’s stock worth $9,181,000 after acquiring an additional 9,896 shares in the last quarter.

Invesco Variable Rate Preferred ETF Stock Performance

NYSEARCA VRP opened at $23.56 on Friday. The company has a 50 day moving average price of $23.91 and a 200 day moving average price of $24.17. Invesco Variable Rate Preferred ETF has a 52 week low of $23.47 and a 52 week high of $24.75.

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.