Matthew Goff Investment Advisor LLC Has $15.82 Million Position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Matthew Goff Investment Advisor LLC lessened its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Get Rating) by 0.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 706,509 shares of the company’s stock after selling 3,290 shares during the quarter. Invesco Variable Rate Preferred ETF makes up about 4.1% of Matthew Goff Investment Advisor LLC’s portfolio, making the stock its 4th biggest position. Matthew Goff Investment Advisor LLC owned approximately 0.90% of Invesco Variable Rate Preferred ETF worth $15,819,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. United Capital Financial Advisers LLC bought a new stake in Invesco Variable Rate Preferred ETF during the second quarter valued at about $256,000. Foundations Investment Advisors LLC boosted its holdings in Invesco Variable Rate Preferred ETF by 38.6% in the fourth quarter. Foundations Investment Advisors LLC now owns 81,387 shares of the company’s stock worth $1,822,000 after acquiring an additional 22,649 shares in the last quarter. Western Wealth Management LLC raised its stake in shares of Invesco Variable Rate Preferred ETF by 3.2% in the third quarter. Western Wealth Management LLC now owns 40,936 shares of the company’s stock worth $897,000 after purchasing an additional 1,254 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of Invesco Variable Rate Preferred ETF by 4.9% in the second quarter. Wells Fargo & Company MN now owns 3,057,496 shares of the company’s stock worth $67,847,000 after purchasing an additional 142,479 shares during the last quarter. Finally, Ameritas Advisory Services LLC raised its stake in shares of Invesco Variable Rate Preferred ETF by 4.8% in the third quarter. Ameritas Advisory Services LLC now owns 53,046 shares of the company’s stock worth $1,162,000 after purchasing an additional 2,422 shares during the last quarter.

Invesco Variable Rate Preferred ETF Stock Down 1.6 %

VRP stock traded down $0.35 during trading on Friday, hitting $21.45. 1,312,473 shares of the company traded hands, compared to its average volume of 495,436. The stock’s 50-day simple moving average is $23.10 and its 200 day simple moving average is $22.59. Invesco Variable Rate Preferred ETF has a 1 year low of $20.98 and a 1 year high of $24.55.