Addison Capital Co Has $3.75 Million Stake in Invesco Variable Rate Preferred ETF $VRP

Addison Capital Co grew its position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 35.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 156,177 shares of the company’s stock after purchasing an additional 40,886 shares during the period. Addison Capital Co’s holdings in Invesco Variable Rate Preferred ETF were worth $3,745,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Advisory Services Network LLC grew its holdings in shares of Invesco Variable Rate Preferred ETF by 1.4% during the third quarter. Advisory Services Network LLC now owns 33,782 shares of the company’s stock worth $834,000 after buying an additional 458 shares in the last quarter. Equitable Holdings Inc. boosted its position in Invesco Variable Rate Preferred ETF by 3.8% during the 4th quarter. Equitable Holdings Inc. now owns 13,531 shares of the company’s stock worth $329,000 after acquiring an additional 493 shares during the last quarter. Blair William & Co. IL boosted its position in Invesco Variable Rate Preferred ETF by 7.7% during the 4th quarter. Blair William & Co. IL now owns 6,986 shares of the company’s stock worth $170,000 after acquiring an additional 501 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Invesco Variable Rate Preferred ETF by 1.4% during the 2nd quarter. Corient Private Wealth LLC now owns 36,992 shares of the company’s stock worth $904,000 after acquiring an additional 520 shares in the last quarter. Finally, Endowment Wealth Management Inc. grew its stake in shares of Invesco Variable Rate Preferred ETF by 3.5% during the 4th quarter. Endowment Wealth Management Inc. now owns 16,481 shares of the company’s stock worth $401,000 after acquiring an additional 554 shares in the last quarter.

Invesco Variable Rate Preferred ETF Trading Down 0.2%

NYSEARCA VRP opened at $24.38 on Wednesday. Invesco Variable Rate Preferred ETF has a 12-month low of $23.71 and a 12-month high of $24.93. The firm’s 50 day moving average is $24.34 and its 200-day moving average is $24.34.

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.