Calton & Associates Inc. acquired a new stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 24,541 shares of the company’s stock, valued at approximately $597,000.
A number of other hedge funds also recently bought and sold shares of VRP. International Assets Investment Management LLC purchased a new stake in Invesco Variable Rate Preferred ETF during the fourth quarter valued at $51,000. Private Trust Co. NA increased its position in Invesco Variable Rate Preferred ETF by 165.2% during the fourth quarter. Private Trust Co. NA now owns 2,209 shares of the company’s stock valued at $54,000 after acquiring an additional 1,376 shares during the last quarter. LFA Lugano Financial Advisors SA increased its position in Invesco Variable Rate Preferred ETF by 136.8% during the fourth quarter. LFA Lugano Financial Advisors SA now owns 5,067 shares of the company’s stock valued at $123,000 after acquiring an additional 2,927 shares during the last quarter. Luken Investment Analytics LLC purchased a new stake in Invesco Variable Rate Preferred ETF during the fourth quarter valued at $135,000. Finally, Blueline Advisors LLC purchased a new stake in Invesco Variable Rate Preferred ETF during the fourth quarter valued at $150,000.
Invesco Variable Rate Preferred ETF Trading Down 0.1%
Invesco Variable Rate Preferred ETF stock opened at $24.35 on Thursday. Invesco Variable Rate Preferred ETF has a one year low of $23.71 and a one year high of $24.93. The stock has a fifty day moving average of $24.26 and a 200 day moving average of $24.36.
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.
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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).
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