King Wealth Management Group lessened its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Free Report) by 1.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 42,353 shares of the company’s stock after selling 447 shares during the period. King Wealth Management Group owned 0.06% of Invesco Variable Rate Preferred ETF worth $1,036,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. BNP Paribas Financial Markets lifted its holdings in Invesco Variable Rate Preferred ETF by 75,025.0% during the 1st quarter. BNP Paribas Financial Markets now owns 3,005 shares of the company’s stock worth $71,000 after buying an additional 3,001 shares in the last quarter. Avantax Advisory Services Inc. lifted its position in Invesco Variable Rate Preferred ETF by 15.9% in the first quarter. Avantax Advisory Services Inc. now owns 27,366 shares of the company’s stock valued at $650,000 after acquiring an additional 3,757 shares during the last quarter. Patten & Patten Inc. TN acquired a new stake in shares of Invesco Variable Rate Preferred ETF in the 1st quarter valued at about $830,000. Resurgent Financial Advisors LLC boosted its holdings in shares of Invesco Variable Rate Preferred ETF by 100.3% in the first quarter. Resurgent Financial Advisors LLC now owns 26,790 shares of the company’s stock valued at $637,000 after acquiring an additional 13,415 shares during the period. Finally, Waverly Advisors LLC grew its position in Invesco Variable Rate Preferred ETF by 1.8% during the 1st quarter. Waverly Advisors LLC now owns 80,165 shares of the company’s stock worth $1,906,000 after purchasing an additional 1,410 shares during the last quarter.
Invesco Variable Rate Preferred ETF Stock Performance
Shares of VRP stock opened at $24.50 on Friday. The stock’s 50-day moving average price is $24.47 and its 200 day moving average price is $24.13. Invesco Variable Rate Preferred ETF has a 52-week low of $22.36 and a 52-week high of $24.67.
Invesco Variable Rate Preferred ETF 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.
See Also
- Five stocks we like better than Invesco Variable Rate Preferred ETF
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Freshworks Stock Soars 50% – Is This the Perfect Entry Point?
- What is the Australian Securities Exchange (ASX)
- Why Meta Should Rally All The Way Into 2025
- Where Do I Find 52-Week Highs and Lows?
- 3 High-Yields Unfazed by the Election: Altria, Truist, Verizon
Want to see what other hedge funds are holding VRP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Free Report).
Receive News & Ratings for Invesco Variable Rate Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Variable Rate Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.
