Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Stake Reduced by Atria Investments Inc

Atria Investments Inc trimmed its stake in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 10.5% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 9,079 shares of the company’s stock after selling 1,070 shares during the quarter. Atria Investments Inc’s holdings in Invesco Variable Rate Preferred ETF were worth $220,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Boyd Watterson Asset Management LLC OH acquired a new stake in shares of Invesco Variable Rate Preferred ETF in the 4th quarter worth about $27,000. Zhang Financial LLC acquired a new stake in shares of Invesco Variable Rate Preferred ETF in the fourth quarter valued at approximately $202,000. Partners Wealth Management LLC bought a new stake in shares of Invesco Variable Rate Preferred ETF during the fourth quarter valued at approximately $212,000. Stratos Wealth Partners LTD. bought a new stake in shares of Invesco Variable Rate Preferred ETF during the fourth quarter valued at approximately $219,000. Finally, International Assets Investment Management LLC bought a new position in Invesco Variable Rate Preferred ETF in the 4th quarter worth approximately $235,000.

Invesco Variable Rate Preferred ETF Stock Performance

VRP opened at $24.29 on Wednesday. The stock’s 50 day moving average price is $24.33 and its 200 day moving average price is $24.39. Invesco Variable Rate Preferred ETF has a 12 month low of $23.40 and a 12 month high of $24.67.

About Invesco Variable Rate Preferred ETF

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.