Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Shares Sold by Invst LLC

Invst LLC decreased its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 24.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,739 shares of the company’s stock after selling 9,139 shares during the period. Invst LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $660,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its holdings in Invesco Variable Rate Preferred ETF by 25,072.1% in the 2nd quarter. NewEdge Advisors LLC now owns 72,244 shares of the company’s stock valued at $1,731,000 after acquiring an additional 71,957 shares during the last quarter. Insigneo Advisory Services LLC grew its position in Invesco Variable Rate Preferred ETF by 25.2% in the second quarter. Insigneo Advisory Services LLC now owns 20,528 shares of the company’s stock worth $485,000 after buying an additional 4,126 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in shares of Invesco Variable Rate Preferred ETF by 20.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 43,953 shares of the company’s stock valued at $1,053,000 after acquiring an additional 7,400 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in shares of Invesco Variable Rate Preferred ETF by 0.6% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 459,464 shares of the company’s stock worth $11,008,000 after acquiring an additional 2,673 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC raised its position in shares of Invesco Variable Rate Preferred ETF by 12.6% during the second quarter. RPg Family Wealth Advisory LLC now owns 19,160 shares of the company’s stock worth $459,000 after purchasing an additional 2,137 shares during the period.

Invesco Variable Rate Preferred ETF Price Performance

Shares of VRP opened at $24.46 on Tuesday. Invesco Variable Rate Preferred ETF has a 1-year low of $21.60 and a 1-year high of $24.66. The business’s 50-day moving average price is $24.18 and its 200 day moving average price is $23.94.

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.