Invesco Variable Rate Preferred ETF $VRP Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. cut its holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 89.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,998 shares of the company’s stock after selling 111,683 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Invesco Variable Rate Preferred ETF were worth $316,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. International Assets Investment Management LLC acquired a new stake in shares of Invesco Variable Rate Preferred ETF in the fourth quarter valued at approximately $51,000. Private Trust Co. NA grew its position in shares of Invesco Variable Rate Preferred ETF by 165.2% in the fourth 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 last quarter. LFA Lugano Financial Advisors SA grew its position in shares of Invesco Variable Rate Preferred ETF by 136.8% in the fourth 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 last quarter. Luken Investment Analytics LLC acquired a new stake in shares of Invesco Variable Rate Preferred ETF in the fourth quarter valued at approximately $135,000. Finally, Advisors Preferred LLC grew its position in shares of Invesco Variable Rate Preferred ETF by 296.9% in the third quarter. Advisors Preferred LLC now owns 6,612 shares of the company’s stock valued at $164,000 after purchasing an additional 4,946 shares during the last quarter.

Invesco Variable Rate Preferred ETF Trading Up 0.0%

VRP stock opened at $24.36 on Friday. The company’s 50 day simple moving average is $24.24 and its 200-day simple moving average is $24.37. Invesco Variable Rate Preferred ETF has a 12 month low of $23.71 and a 12 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.