Flagship Harbor Advisors LLC Makes New Investment in Invesco Floating Rate Municipal Income ETF $PVI

Flagship Harbor Advisors LLC acquired a new position in shares of Invesco Floating Rate Municipal Income ETF (NYSEARCA:PVI) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 63,850 shares of the company’s stock, valued at approximately $1,583,000. Flagship Harbor Advisors LLC owned 5.11% of Invesco Floating Rate Municipal Income ETF at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Private Trust Co. NA bought a new position in shares of Invesco Floating Rate Municipal Income ETF in the first quarter worth $46,000. Private Advisor Group LLC increased its position in shares of Invesco Floating Rate Municipal Income ETF by 12.2% in the first quarter. Private Advisor Group LLC now owns 9,849 shares of the company’s stock worth $245,000 after purchasing an additional 1,073 shares during the period. LPL Financial LLC increased its position in shares of Invesco Floating Rate Municipal Income ETF by 1.9% in the first quarter. LPL Financial LLC now owns 69,721 shares of the company’s stock worth $1,731,000 after purchasing an additional 1,291 shares during the period. Foundations Investment Advisors LLC increased its position in shares of Invesco Floating Rate Municipal Income ETF by 25.8% in the first quarter. Foundations Investment Advisors LLC now owns 12,417 shares of the company’s stock worth $308,000 after purchasing an additional 2,543 shares during the period. Finally, Avior Wealth Management LLC increased its position in shares of Invesco Floating Rate Municipal Income ETF by 41.5% in the second quarter. Avior Wealth Management LLC now owns 48,838 shares of the company’s stock worth $1,211,000 after purchasing an additional 14,313 shares during the period.

Invesco Floating Rate Municipal Income ETF Stock Performance

Shares of NYSEARCA PVI opened at $24.76 on Thursday. Invesco Floating Rate Municipal Income ETF has a 52 week low of $24.52 and a 52 week high of $25.37. The stock’s fifty day moving average is $24.86 and its 200 day moving average is $24.86.

Invesco Floating Rate Municipal Income ETF Profile

The Invesco VRDO Tax-Free ETF (PVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of VRDOs issued by US municipalities. PVI was launched on Nov 15, 2007 and is managed by Invesco.