Bristlecone Value Partners LLC acquired a new stake in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 37,337 shares of the company’s stock, valued at approximately $908,000. Invesco Variable Rate Preferred ETF comprises approximately 1.0% of Bristlecone Value Partners LLC’s holdings, making the stock its 21st largest holding.
Other hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new position in shares of Invesco Variable Rate Preferred ETF in the 4th quarter valued at $51,000. Private Trust Co. NA lifted its stake in shares of Invesco Variable Rate Preferred ETF by 165.2% in the 4th quarter. Private Trust Co. NA now owns 2,209 shares of the company’s stock valued at $54,000 after purchasing an additional 1,376 shares during the period. LFA Lugano Financial Advisors SA lifted its stake in shares of Invesco Variable Rate Preferred ETF by 136.8% in the 4th quarter. LFA Lugano Financial Advisors SA now owns 5,067 shares of the company’s stock valued at $123,000 after purchasing an additional 2,927 shares during the period. Luken Investment Analytics LLC acquired a new position in shares of Invesco Variable Rate Preferred ETF in the 4th quarter valued at $135,000. Finally, Blueline Advisors LLC acquired a new position in shares of Invesco Variable Rate Preferred ETF in the 4th quarter valued at $150,000.
Invesco Variable Rate Preferred ETF Price Performance
VRP stock opened at $24.37 on Friday. The business’s fifty day moving average is $24.31 and its 200-day moving average is $24.35. Invesco Variable Rate Preferred ETF has a twelve month low of $23.71 and a twelve month high of $24.93.
Invesco Variable Rate Preferred ETF 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.
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