66,814 Shares in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Bought by New Millennium Group LLC

New Millennium Group LLC bought a new stake in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) during the 3rd quarter, Holdings Channel.com reports. The fund bought 66,814 shares of the company’s stock, valued at approximately $1,634,000. Invesco Variable Rate Preferred ETF accounts for about 1.1% of New Millennium Group LLC’s holdings, making the stock its 24th biggest position.

Other large investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its holdings in shares of Invesco Variable Rate Preferred ETF by 75,025.0% in the 1st quarter. BNP Paribas Financial Markets now owns 3,005 shares of the company’s stock valued at $71,000 after buying an additional 3,001 shares in the last quarter. Waverly Advisors LLC boosted its stake in Invesco Variable Rate Preferred ETF by 1.8% in the first quarter. Waverly Advisors LLC now owns 80,165 shares of the company’s stock valued at $1,906,000 after acquiring an additional 1,410 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in Invesco Variable Rate Preferred ETF by 19.0% in the first quarter. B. Riley Wealth Advisors Inc. now owns 23,707 shares of the company’s stock worth $530,000 after purchasing an additional 3,778 shares during the last quarter. Tidal Investments LLC increased its position in shares of Invesco Variable Rate Preferred ETF by 8.9% during the first quarter. Tidal Investments LLC now owns 74,798 shares of the company’s stock worth $1,778,000 after purchasing an additional 6,142 shares in the last quarter. Finally, Comerica Bank lifted its holdings in shares of Invesco Variable Rate Preferred ETF by 45.1% during the 1st quarter. Comerica Bank now owns 51,690 shares of the company’s stock valued at $1,229,000 after purchasing an additional 16,069 shares during the last quarter.

Invesco Variable Rate Preferred ETF Price Performance

Invesco Variable Rate Preferred ETF stock opened at $24.35 on Tuesday. The business has a fifty day moving average price of $24.47 and a 200-day moving average price of $24.15. Invesco Variable Rate Preferred ETF has a 1-year low of $22.36 and a 1-year high of $24.67.

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.