Insigneo Advisory Services LLC Has $353,000 Stock Position in Invesco Variable Rate Preferred ETF $VRP

Insigneo Advisory Services LLC lessened its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 25.9% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,457 shares of the company’s stock after selling 5,053 shares during the quarter. Insigneo Advisory Services LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $353,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Geneos Wealth Management Inc. increased its holdings in Invesco Variable Rate Preferred ETF by 6.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 11,388 shares of the company’s stock worth $276,000 after purchasing an additional 721 shares in the last quarter. D.A. Davidson & CO. boosted its stake in shares of Invesco Variable Rate Preferred ETF by 5.9% during the second quarter. D.A. Davidson & CO. now owns 46,200 shares of the company’s stock valued at $1,130,000 after purchasing an additional 2,572 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Invesco Variable Rate Preferred ETF by 1.0% during the first quarter. Invesco Ltd. now owns 265,003 shares of the company’s stock worth $6,424,000 after purchasing an additional 2,596 shares during the last quarter. Endowment Wealth Management Inc. increased its stake in shares of Invesco Variable Rate Preferred ETF by 9.7% in the second quarter. Endowment Wealth Management Inc. now owns 12,827 shares of the company’s stock valued at $314,000 after buying an additional 1,138 shares during the period. Finally, CWM LLC increased its stake in shares of Invesco Variable Rate Preferred ETF by 37.1% in the second quarter. CWM LLC now owns 81,349 shares of the company’s stock valued at $1,989,000 after buying an additional 22,004 shares during the period.

Invesco Variable Rate Preferred ETF Trading Up 0.2%

NYSEARCA:VRP opened at $24.38 on Thursday. The firm’s 50 day simple moving average is $24.65 and its 200 day simple moving average is $24.51. Invesco Variable Rate Preferred ETF has a one year low of $23.03 and a one year high of $24.93.

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.