Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Shares Purchased by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC increased its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 150.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,133 shares of the company’s stock after acquiring an additional 40,277 shares during the period. Transcend Capital Advisors LLC owned about 0.10% of Invesco Variable Rate Preferred ETF worth $1,549,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. UBS Group AG grew its holdings in Invesco Variable Rate Preferred ETF by 21.6% during the third quarter. UBS Group AG now owns 2,977,513 shares of the company’s stock worth $66,607,000 after acquiring an additional 529,617 shares during the period. Advisory Alpha LLC grew its holdings in Invesco Variable Rate Preferred ETF by 1.8% during the fourth quarter. Advisory Alpha LLC now owns 1,851,516 shares of the company’s stock worth $42,735,000 after acquiring an additional 32,876 shares during the period. LPL Financial LLC grew its holdings in Invesco Variable Rate Preferred ETF by 30.4% during the third quarter. LPL Financial LLC now owns 865,770 shares of the company’s stock worth $19,367,000 after acquiring an additional 201,648 shares during the period. Envestnet Asset Management Inc. grew its holdings in 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 acquiring an additional 300,826 shares during the period. Finally, Evolution Wealth Advisors LLC grew its holdings in Invesco Variable Rate Preferred ETF by 7.5% during the third quarter. Evolution Wealth Advisors LLC now owns 448,609 shares of the company’s stock worth $10,035,000 after acquiring an additional 31,485 shares during the period.

Invesco Variable Rate Preferred ETF Stock Up 0.2 %

Invesco Variable Rate Preferred ETF stock traded up $0.04 during midday trading on Friday, hitting $23.52. 273,150 shares of the company were exchanged, compared to its average volume of 352,723. Invesco Variable Rate Preferred ETF has a fifty-two week low of $21.36 and a fifty-two week high of $23.87. The business has a fifty day simple moving average of $23.62 and a two-hundred day simple moving average of $23.07.

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.