LFG Wealth Partners LLC bought a new stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Free Report) in the fourth quarter, Holdings Channel reports. The fund bought 54,879 shares of the company’s stock, valued at approximately $1,335,000.
Several other large investors also recently bought and sold shares of the business. NewEdge Advisors LLC raised its holdings in shares of Invesco Variable Rate Preferred ETF by 18.6% in the 1st quarter. NewEdge Advisors LLC now owns 16,791 shares of the company’s stock valued at $407,000 after buying an additional 2,636 shares during the period. First Trust Advisors LP acquired a new position in shares of Invesco Variable Rate Preferred ETF during the second quarter worth $440,000. Qube Research & Technologies Ltd increased its holdings in shares of Invesco Variable Rate Preferred ETF by 33.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 14,721 shares of the company’s stock valued at $360,000 after acquiring an additional 3,704 shares during the last quarter. Diversify Advisory Services LLC acquired a new stake in Invesco Variable Rate Preferred ETF during the second quarter worth approximately $220,000. Finally, Diversify Wealth Management LLC lifted its position in Invesco Variable Rate Preferred ETF by 54.4% in the second quarter. Diversify Wealth Management LLC now owns 27,411 shares of the company’s stock valued at $673,000 after acquiring an additional 9,663 shares during the last quarter.
Invesco Variable Rate Preferred ETF Stock Performance
NYSEARCA:VRP opened at $24.41 on Tuesday. Invesco Variable Rate Preferred ETF has a 52-week low of $23.71 and a 52-week high of $24.93. The stock’s 50 day moving average price is $24.32 and its 200 day moving average price is $24.35.
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.
Further Reading
- Five stocks we like better than Invesco Variable Rate Preferred ETF
- 3 AI Stocks With Moats That Could Outlast Summer Volatility
- These 5 Companies Just Made a Massive Bet on Themselves
- 5 Stocks Built to Thrive in a Higher-for-Longer Economy
- RH’s Strong Q1 Still Leaves Investors With One Big Question
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.
