10,551 Shares in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Purchased by Everpar Advisors LLC

Everpar Advisors LLC purchased a new position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,551 shares of the company’s stock, valued at approximately $244,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UBS Group AG increased its stake in shares of Invesco Variable Rate Preferred ETF by 21.6% in the third quarter. UBS Group AG now owns 2,977,513 shares of the company’s stock worth $66,607,000 after buying an additional 529,617 shares during the last quarter. Advisory Alpha LLC increased its position in shares of Invesco Variable Rate Preferred ETF by 1.8% in the 4th quarter. Advisory Alpha LLC now owns 1,851,516 shares of the company’s stock worth $42,735,000 after purchasing an additional 32,876 shares during the last quarter. LPL Financial LLC raised its stake in shares of Invesco Variable Rate Preferred ETF by 30.4% in the 3rd quarter. LPL Financial LLC now owns 865,770 shares of the company’s stock valued at $19,367,000 after purchasing an additional 201,648 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Invesco Variable Rate Preferred ETF by 127.8% during the third quarter. Envestnet Asset Management Inc. now owns 536,208 shares of the company’s stock worth $11,995,000 after purchasing an additional 300,826 shares during the last quarter. Finally, Evolution Wealth Advisors LLC grew its stake in Invesco Variable Rate Preferred ETF by 7.5% in the third quarter. Evolution Wealth Advisors LLC now owns 448,609 shares of the company’s stock worth $10,035,000 after purchasing an additional 31,485 shares in the last quarter.

Invesco Variable Rate Preferred ETF Price Performance

Shares of Invesco Variable Rate Preferred ETF stock opened at $23.96 on Thursday. The business has a 50-day moving average price of $23.66 and a 200 day moving average price of $23.17. Invesco Variable Rate Preferred ETF has a fifty-two week low of $21.50 and a fifty-two week high of $23.96.

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.