J. W. Coons Advisors LLC Boosts Stock Holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

J. W. Coons Advisors LLC boosted its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 17.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,475 shares of the company’s stock after purchasing an additional 5,135 shares during the period. J. W. Coons Advisors LLC owned approximately 0.05% of Invesco Variable Rate Preferred ETF worth $834,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of VRP. Private Advisor Group LLC increased its position in shares of Invesco Variable Rate Preferred ETF by 3.3% in the third quarter. Private Advisor Group LLC now owns 124,708 shares of the company’s stock worth $3,050,000 after acquiring an additional 3,964 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Invesco Variable Rate Preferred ETF by 3.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 69,069 shares of the company’s stock worth $1,689,000 after acquiring an additional 2,612 shares in the last quarter. Pinnacle Associates Ltd. increased its position in shares of Invesco Variable Rate Preferred ETF by 13.8% in the third quarter. Pinnacle Associates Ltd. now owns 46,147 shares of the company’s stock worth $1,065,000 after acquiring an additional 5,600 shares in the last quarter. Diversify Wealth Management LLC increased its position in shares of Invesco Variable Rate Preferred ETF by 40.5% in the third quarter. Diversify Wealth Management LLC now owns 12,391 shares of the company’s stock worth $301,000 after acquiring an additional 3,573 shares in the last quarter. Finally, Goldstone Financial Group LLC acquired a new stake in shares of Invesco Variable Rate Preferred ETF in the third quarter worth $1,394,000.

Invesco Variable Rate Preferred ETF Price Performance

VRP opened at $24.49 on Monday. The company has a fifty day simple moving average of $24.32 and a 200 day simple moving average of $24.36. Invesco Variable Rate Preferred ETF has a twelve month low of $23.40 and a twelve month 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.