RPg Family Wealth Advisory LLC Has $459,000 Stock Holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

RPg Family Wealth Advisory LLC increased its holdings in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 12.6% during the second quarter, Holdings Channel.com reports. The fund owned 19,160 shares of the company’s stock after purchasing an additional 2,137 shares during the quarter. RPg Family Wealth Advisory LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $459,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Thoroughbred Financial Services LLC increased its position in Invesco Variable Rate Preferred ETF by 3.9% during the second quarter. Thoroughbred Financial Services LLC now owns 11,533 shares of the company’s stock worth $276,000 after acquiring an additional 435 shares during the period. Ausdal Financial Partners Inc. increased its position in Invesco Variable Rate Preferred ETF by 0.9% during the second quarter. Ausdal Financial Partners Inc. now owns 55,842 shares of the company’s stock worth $1,338,000 after acquiring an additional 482 shares during the period. MFA Wealth Advisors LLC increased its position in Invesco Variable Rate Preferred ETF by 2.2% during the second quarter. MFA Wealth Advisors LLC now owns 22,515 shares of the company’s stock worth $539,000 after acquiring an additional 490 shares during the period. J. W. Coons Advisors LLC increased its position in Invesco Variable Rate Preferred ETF by 2.8% during the fourth quarter. J. W. Coons Advisors LLC now owns 28,465 shares of the company’s stock worth $657,000 after acquiring an additional 780 shares during the period. Finally, MGO One Seven LLC increased its position in Invesco Variable Rate Preferred ETF by 3.1% during the second quarter. MGO One Seven LLC now owns 33,544 shares of the company’s stock worth $804,000 after acquiring an additional 998 shares during the period.

Invesco Variable Rate Preferred ETF Stock Down 0.2 %

NYSEARCA:VRP opened at $24.50 on Wednesday. Invesco Variable Rate Preferred ETF has a 52 week low of $21.60 and a 52 week high of $24.56. The firm’s 50-day simple moving average is $24.11 and its 200 day simple moving average is $23.89.

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.