Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Shares Bought by FCA Corp TX

FCA Corp TX raised its position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 39.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 182,065 shares of the company’s stock after acquiring an additional 51,178 shares during the quarter. Invesco Variable Rate Preferred ETF makes up about 1.4% of FCA Corp TX’s holdings, making the stock its 20th largest holding. FCA Corp TX owned 0.27% of Invesco Variable Rate Preferred ETF worth $4,404,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Principal Financial Group Inc. acquired a new position in shares of Invesco Variable Rate Preferred ETF during the fourth quarter valued at approximately $498,000. Truist Financial Corp raised its holdings in shares of Invesco Variable Rate Preferred ETF by 8.3% during the fourth quarter. Truist Financial Corp now owns 17,760 shares of the company’s stock valued at $430,000 after acquiring an additional 1,363 shares during the last quarter. Stratos Wealth Partners LTD. acquired a new position in shares of Invesco Variable Rate Preferred ETF during the fourth quarter valued at approximately $219,000. RPg Family Wealth Advisory LLC raised its holdings in shares of Invesco Variable Rate Preferred ETF by 694.3% during the fourth quarter. RPg Family Wealth Advisory LLC now owns 148,466 shares of the company’s stock valued at $3,591,000 after acquiring an additional 129,775 shares during the last quarter. Finally, Estate Counselors LLC raised 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 valued at $8,133,000 after acquiring an additional 1,110 shares during the last quarter.

Invesco Variable Rate Preferred ETF Stock Performance

VRP stock opened at $24.41 on Friday. The business has a 50 day simple moving average of $24.34 and a 200-day simple moving average of $24.39. Invesco Variable Rate Preferred ETF has a 1 year low of $23.40 and a 1 year high of $24.67.

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.