Jackson Hole Capital Partners LLC Sells 9,692 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Jackson Hole Capital Partners LLC lessened its holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 10.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 85,328 shares of the company’s stock after selling 9,692 shares during the period. Jackson Hole Capital Partners LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $1,969,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. UBS Group AG lifted its position in Invesco Variable Rate Preferred ETF by 21.6% during the 3rd quarter. UBS Group AG now owns 2,977,513 shares of the company’s stock worth $66,607,000 after buying an additional 529,617 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Invesco Variable Rate Preferred ETF by 127.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 536,208 shares of the company’s stock worth $11,995,000 after buying an additional 300,826 shares in the last quarter. Windsor Capital Management LLC lifted its position in Invesco Variable Rate Preferred ETF by 880.7% during the 4th quarter. Windsor Capital Management LLC now owns 292,346 shares of the company’s stock worth $6,747,000 after buying an additional 262,536 shares in the last quarter. Advisory Alpha LLC lifted its position in Invesco Variable Rate Preferred ETF by 16.7% during the 3rd quarter. Advisory Alpha LLC now owns 1,818,640 shares of the company’s stock worth $40,685,000 after buying an additional 260,851 shares in the last quarter. Finally, Graypoint LLC lifted its position in Invesco Variable Rate Preferred ETF by 1,400.6% during the 4th quarter. Graypoint LLC now owns 249,285 shares of the company’s stock worth $5,753,000 after buying an additional 232,673 shares in the last quarter.

Invesco Variable Rate Preferred ETF Stock Performance

NYSEARCA:VRP traded down $0.04 on Thursday, hitting $23.48. 239,724 shares of the stock were exchanged, compared to its average volume of 353,718. Invesco Variable Rate Preferred ETF has a 52 week low of $21.36 and a 52 week high of $23.87. The company’s 50-day moving average price is $23.63 and its 200 day moving average price is $23.05.

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.