Insigneo Advisory Services LLC Boosts Stock Position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Insigneo Advisory Services LLC raised its holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 6.3% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,821 shares of the company’s stock after acquiring an additional 1,293 shares during the quarter. Insigneo Advisory Services LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $534,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Benjamin Edwards Inc. grew its holdings in shares of Invesco Variable Rate Preferred ETF by 814.2% in the third quarter. Benjamin Edwards Inc. now owns 536,706 shares of the company’s stock worth $13,128,000 after purchasing an additional 478,001 shares during the last quarter. Sanctuary Advisors LLC bought a new position in Invesco Variable Rate Preferred ETF in the 2nd quarter worth about $6,121,000. Ocean Park Asset Management LLC increased its position in shares of Invesco Variable Rate Preferred ETF by 76.1% during the second quarter. Ocean Park Asset Management LLC now owns 395,900 shares of the company’s stock worth $9,486,000 after acquiring an additional 171,100 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Invesco Variable Rate Preferred ETF by 18.7% during the second quarter. Envestnet Asset Management Inc. now owns 969,444 shares of the company’s stock valued at $23,228,000 after acquiring an additional 152,981 shares in the last quarter. Finally, All Season Financial Advisors Inc. purchased a new stake in shares of Invesco Variable Rate Preferred ETF in the second quarter valued at approximately $3,285,000.

Invesco Variable Rate Preferred ETF Price Performance

Shares of NYSEARCA:VRP opened at $24.48 on Friday. The business’s 50 day moving average is $24.45 and its 200 day moving average is $24.20. Invesco Variable Rate Preferred ETF has a 52-week low of $22.75 and a 52-week high of $24.67.

Invesco Variable Rate Preferred ETF Company 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.