Foundations Investment Advisors LLC Purchases 2,543 Shares of Invesco Floating Rate Municipal Income ETF (NYSEARCA:PVI)

Foundations Investment Advisors LLC grew its position in Invesco Floating Rate Municipal Income ETF (NYSEARCA:PVI) by 25.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,417 shares of the company’s stock after purchasing an additional 2,543 shares during the quarter. Foundations Investment Advisors LLC owned approximately 1.03% of Invesco Floating Rate Municipal Income ETF worth $308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Private Trust Co. NA purchased a new position in Invesco Floating Rate Municipal Income ETF in the 1st quarter worth approximately $46,000. Bank of America Corp DE lifted its holdings in shares of Invesco Floating Rate Municipal Income ETF by 28.0% in the fourth quarter. Bank of America Corp DE now owns 76,963 shares of the company’s stock worth $1,902,000 after buying an additional 16,856 shares in the last quarter. Jane Street Group LLC boosted its position in shares of Invesco Floating Rate Municipal Income ETF by 140.6% during the fourth quarter. Jane Street Group LLC now owns 42,896 shares of the company’s stock worth $1,060,000 after acquiring an additional 25,068 shares during the last quarter. LPL Financial LLC grew its stake in Invesco Floating Rate Municipal Income ETF by 1.0% during the fourth quarter. LPL Financial LLC now owns 68,430 shares of the company’s stock valued at $1,691,000 after acquiring an additional 705 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its stake in Invesco Floating Rate Municipal Income ETF by 10.1% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 47,204 shares of the company’s stock worth $1,172,000 after purchasing an additional 4,328 shares in the last quarter.

Invesco Floating Rate Municipal Income ETF Stock Performance

Shares of Invesco Floating Rate Municipal Income ETF stock opened at $24.85 on Friday. Invesco Floating Rate Municipal Income ETF has a twelve month low of $24.34 and a twelve month high of $25.37. The business has a 50-day moving average price of $24.85 and a 200-day moving average price of $24.84.

Invesco Floating Rate Municipal Income ETF Company Profile

The Invesco VRDO Tax-Free ETF (PVI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of VRDOs issued by US municipalities. PVI was launched on Nov 15, 2007 and is managed by Invesco.