Invesco Floating Rate Municipal Income ETF (NYSEARCA:PVI) Trading Down 0.1% – What’s Next?

Shares of Invesco Floating Rate Municipal Income ETF (NYSEARCA:PVI – Get Free Report) were down 0.1% during trading on Wednesday . The company traded as low as $24.85 and last traded at $24.84. Approximately 1,357 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 6,384 shares. The stock had previously closed at $24.86.

Invesco Floating Rate Municipal Income ETF Price Performance

The business’s 50 day simple moving average is $24.80 and its 200 day simple moving average is $24.81.

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Institutional Trading of Invesco Floating Rate Municipal Income ETF

A number of large investors have recently added to or reduced their stakes in PVI. Cetera Investment Advisers lifted its stake in shares of Invesco Floating Rate Municipal Income ETF by 1.7% during the 1st quarter. Cetera Investment Advisers now owns 28,221 shares of the company’s stock worth $702,000 after buying an additional 471 shares during the last quarter. Avior Wealth Management LLC lifted its stake in shares of Invesco Floating Rate Municipal Income ETF by 4.6% during the 4th quarter. Avior Wealth Management LLC now owns 18,329 shares of the company’s stock worth $457,000 after buying an additional 798 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Invesco Floating Rate Municipal Income ETF during the 2nd quarter worth about $34,000. Jane Street Group LLC lifted its stake in shares of Invesco Floating Rate Municipal Income ETF by 6.1% during the 1st quarter. Jane Street Group LLC now owns 45,524 shares of the company’s stock worth $1,130,000 after buying an additional 2,628 shares during the last quarter. Finally, Foundations Investment Advisors LLC lifted its stake in shares of Invesco Floating Rate Municipal Income ETF by 17.0% during the 3rd quarter. Foundations Investment Advisors LLC now owns 21,218 shares of the company’s stock worth $527,000 after buying an additional 3,087 shares during the last quarter.

About Invesco Floating Rate Municipal Income ETF

(Get Free Report)

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.

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