Activest Wealth Management Grows Position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Activest Wealth Management raised its holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRPFree Report) by 74.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,280 shares of the company’s stock after purchasing an additional 24,954 shares during the quarter. Invesco Variable Rate Preferred ETF accounts for 0.7% of Activest Wealth Management’s investment portfolio, making the stock its 18th largest position. Activest Wealth Management’s holdings in Invesco Variable Rate Preferred ETF were worth $1,385,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of VRP. UBS Group AG grew its stake in Invesco Variable Rate Preferred ETF by 21.6% in the 3rd quarter. UBS Group AG now owns 2,977,513 shares of the company’s stock valued at $66,607,000 after purchasing an additional 529,617 shares during the period. Synergy Asset Management LLC bought a new position in shares of Invesco Variable Rate Preferred ETF during the 1st quarter worth $7,554,000. Envestnet Asset Management Inc. grew its stake in shares of 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 acquiring an additional 300,826 shares during the period. Windsor Capital Management LLC grew its stake in shares of 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 acquiring an additional 262,536 shares during the period. Finally, Graypoint LLC grew its stake in shares of 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 acquiring an additional 232,673 shares during the period.

Invesco Variable Rate Preferred ETF Stock Down 0.0 %

Shares of VRP stock traded down $0.01 on Tuesday, hitting $23.87. 358,402 shares of the stock were exchanged, compared to its average volume of 351,803. Invesco Variable Rate Preferred ETF has a one year low of $21.60 and a one year high of $23.99. The firm’s 50 day moving average is $23.70 and its two-hundred day moving average is $23.30.

Invesco Variable Rate Preferred ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

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