IFP Advisors Inc reduced its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Free Report) by 0.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 59,068 shares of the company’s stock after selling 541 shares during the period. IFP Advisors Inc owned approximately 0.09% of Invesco Variable Rate Preferred ETF worth $1,429,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the stock. Stratos Wealth Partners LTD. acquired a new stake in Invesco Variable Rate Preferred ETF during the 4th quarter worth about $219,000. Ashton Thomas Private Wealth LLC raised its stake in shares of Invesco Variable Rate Preferred ETF by 2.7% in the third quarter. Ashton Thomas Private Wealth LLC now owns 442,678 shares of the company’s stock worth $10,828,000 after purchasing an additional 11,612 shares during the last quarter. New Millennium Group LLC acquired a new stake in shares of Invesco Variable Rate Preferred ETF during the third quarter worth about $1,634,000. Estate Counselors LLC lifted its holdings in shares of Invesco Variable Rate Preferred ETF by 0.3% during the third quarter. Estate Counselors LLC now owns 332,505 shares of the company’s stock worth $8,133,000 after purchasing an additional 1,110 shares during the period. Finally, Insigneo Advisory Services LLC boosted its position in Invesco Variable Rate Preferred ETF by 6.3% in the third quarter. Insigneo Advisory Services LLC now owns 21,821 shares of the company’s stock valued at $534,000 after buying an additional 1,293 shares during the last quarter.
Invesco Variable Rate Preferred ETF Trading Down 0.0 %
Shares of NYSEARCA:VRP opened at $24.37 on Thursday. Invesco Variable Rate Preferred ETF has a twelve month low of $23.40 and a twelve month high of $24.67. The company’s 50 day moving average is $24.31 and its 200 day moving average is $24.37.
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.
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