Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO – Get Free Report) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 104,865 shares, a decrease of 56.8% from the September 30th total of 242,984 shares. Based on an average daily trading volume, of 163,034 shares, the short-interest ratio is currently 0.6 days. Approximately 0.8% of the company’s shares are sold short.
Invesco AAA CLO Floating Rate Note ETF Stock Down 0.0%
Shares of Invesco AAA CLO Floating Rate Note ETF stock opened at $25.56 on Friday. The stock’s fifty day simple moving average is $25.60 and its 200 day simple moving average is $25.58. Invesco AAA CLO Floating Rate Note ETF has a 12 month low of $25.23 and a 12 month high of $25.72.
Institutional Investors Weigh In On Invesco AAA CLO Floating Rate Note ETF
Several large investors have recently modified their holdings of ICLO. Elm3 Financial Group LLC bought a new position in Invesco AAA CLO Floating Rate Note ETF in the third quarter valued at approximately $3,209,000. Cadent Capital Advisors LLC acquired a new position in shares of Invesco AAA CLO Floating Rate Note ETF in the third quarter valued at approximately $3,049,000. Stewardship Advisors LLC acquired a new position in shares of Invesco AAA CLO Floating Rate Note ETF in the third quarter valued at approximately $5,463,000. PAX Financial Group LLC acquired a new position in shares of Invesco AAA CLO Floating Rate Note ETF in the first quarter valued at approximately $665,000. Finally, Cetera Investment Advisers increased its position in shares of Invesco AAA CLO Floating Rate Note ETF by 775.6% during the first quarter. Cetera Investment Advisers now owns 412,542 shares of the company’s stock worth $10,524,000 after acquiring an additional 365,424 shares in the last quarter.
Invesco AAA CLO Floating Rate Note ETF Company Profile
The Invesco Aaa Clo Floating Rate Note ETF (ICLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in USD-denominated floating rate CLOs that are rated AAA or equivalent. ICLO was launched on Dec 9, 2022 and is managed by Invesco.
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