Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Holdings Raised by Farther Finance Advisors LLC

Farther Finance Advisors LLC lifted its stake in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 135.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,407 shares of the company’s stock after purchasing an additional 8,876 shares during the quarter. Farther Finance Advisors LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $374,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. First National Corp MA ADV acquired a new stake in Invesco Variable Rate Preferred ETF during the 1st quarter valued at $2,509,000. Accel Wealth Management purchased a new position in shares of Invesco Variable Rate Preferred ETF during the first quarter valued at $229,000. Wealth Enhancement Advisory Services LLC raised its position in Invesco Variable Rate Preferred ETF by 158.2% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 178,324 shares of the company’s stock valued at $4,314,000 after buying an additional 109,255 shares during the period. Comprehensive Money Management Services LLC purchased a new stake in Invesco Variable Rate Preferred ETF in the 4th quarter worth about $415,000. Finally, Western Wealth Management LLC lifted its stake in Invesco Variable Rate Preferred ETF by 67.4% in the 4th quarter. Western Wealth Management LLC now owns 73,463 shares of the company’s stock worth $1,777,000 after acquiring an additional 29,573 shares in the last quarter.

Invesco Variable Rate Preferred ETF Stock Up 0.1%

NYSEARCA:VRP opened at $24.38 on Tuesday. Invesco Variable Rate Preferred ETF has a fifty-two week low of $23.03 and a fifty-two week high of $24.67. The stock’s 50-day moving average is $24.04 and its two-hundred day moving average is $24.20.

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.