Blue Jean Financial LLC Acquires Shares of 57,560 Invesco Variable Rate Preferred ETF $VRP

Blue Jean Financial LLC bought a new stake in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 57,560 shares of the company’s stock, valued at approximately $1,400,000. Blue Jean Financial LLC owned 0.06% of Invesco Variable Rate Preferred ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Bristlecone Value Partners LLC acquired a new position in shares of Invesco Variable Rate Preferred ETF in the fourth quarter valued at about $908,000. Kestra Advisory Services LLC grew its stake in shares of Invesco Variable Rate Preferred ETF by 9.0% in the fourth quarter. Kestra Advisory Services LLC now owns 109,057 shares of the company’s stock valued at $2,653,000 after acquiring an additional 9,035 shares in the last quarter. Cordoba Advisory Partners LLC acquired a new position in shares of Invesco Variable Rate Preferred ETF in the fourth quarter valued at about $9,066,000. Stifel Financial Corp grew its stake in shares of Invesco Variable Rate Preferred ETF by 2.3% in the fourth quarter. Stifel Financial Corp now owns 418,342 shares of the company’s stock valued at $10,178,000 after acquiring an additional 9,528 shares in the last quarter. Finally, QTR Family Wealth LLC grew its stake in shares of Invesco Variable Rate Preferred ETF by 233.3% in the fourth quarter. QTR Family Wealth LLC now owns 30,000 shares of the company’s stock valued at $735,000 after acquiring an additional 21,000 shares in the last quarter.

Invesco Variable Rate Preferred ETF Stock Performance

VRP stock opened at $24.37 on Friday. The company’s 50-day simple moving average is $24.31 and its 200 day simple moving average is $24.35. Invesco Variable Rate Preferred ETF has a 52 week low of $23.71 and a 52 week high of $24.93.

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.