Private Advisor Group LLC Acquires 3,964 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Private Advisor Group LLC lifted its holdings in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 3.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 124,708 shares of the company’s stock after acquiring an additional 3,964 shares during the period. Private Advisor Group LLC owned approximately 0.18% of Invesco Variable Rate Preferred ETF worth $3,050,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Advisory Alpha LLC lifted its holdings in shares of Invesco Variable Rate Preferred ETF by 2.9% during the second quarter. Advisory Alpha LLC now owns 2,009,869 shares of the company’s stock valued at $48,158,000 after acquiring an additional 57,456 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Invesco Variable Rate Preferred ETF by 18.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 969,444 shares of the company’s stock valued at $23,228,000 after purchasing an additional 152,981 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in Invesco Variable Rate Preferred ETF by 0.6% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 459,464 shares of the company’s stock valued at $11,008,000 after buying an additional 2,673 shares in the last quarter. Evolution Wealth Advisors LLC grew its stake in Invesco Variable Rate Preferred ETF by 0.3% during the first quarter. Evolution Wealth Advisors LLC now owns 436,032 shares of the company’s stock worth $10,364,000 after buying an additional 1,137 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC increased its holdings in shares of Invesco Variable Rate Preferred ETF by 33.7% during the second quarter. Ashton Thomas Private Wealth LLC now owns 431,066 shares of the company’s stock worth $10,328,000 after buying an additional 108,692 shares in the last quarter.

Invesco Variable Rate Preferred ETF Price Performance

Shares of VRP opened at $24.41 on Tuesday. Invesco Variable Rate Preferred ETF has a one year low of $21.62 and a one year high of $24.67. The business’s 50 day simple moving average is $24.40 and its 200-day simple moving average is $24.05.

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.