Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Shares Acquired by James Investment Research Inc.

James Investment Research Inc. lifted its holdings in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 25.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,479 shares of the company’s stock after buying an additional 12,300 shares during the period. James Investment Research Inc.’s holdings in Invesco Variable Rate Preferred ETF were worth $1,463,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in VRP. Coastline Trust Co bought a new stake in Invesco Variable Rate Preferred ETF during the third quarter worth approximately $142,000. Zhang Financial LLC bought a new stake in Invesco Variable Rate Preferred ETF during the fourth quarter worth approximately $202,000. Stratos Wealth Partners LTD. bought a new stake in Invesco Variable Rate Preferred ETF during the fourth quarter worth approximately $219,000. Proficio Capital Partners LLC raised its holdings in Invesco Variable Rate Preferred ETF by 4.8% during the third quarter. Proficio Capital Partners LLC now owns 9,030 shares of the company’s stock worth $221,000 after purchasing an additional 415 shares in the last quarter. Finally, Investment Research & Advisory Group Inc. bought a new stake in Invesco Variable Rate Preferred ETF during the third quarter worth approximately $225,000.

Invesco Variable Rate Preferred ETF Price Performance

Shares of NYSEARCA:VRP opened at $24.49 on Friday. Invesco Variable Rate Preferred ETF has a 12 month low of $23.40 and a 12 month high of $24.67. The stock’s 50 day moving average price is $24.32 and its 200 day moving average price is $24.33.

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.