Invesco Floating Rate Municipal Income ETF (NYSEARCA:PVI) Position Raised by Private Advisor Group LLC

Private Advisor Group LLC grew its position in shares of Invesco Floating Rate Municipal Income ETF (NYSEARCA:PVI) by 12.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,849 shares of the company’s stock after acquiring an additional 1,073 shares during the quarter. Private Advisor Group LLC owned about 0.90% of Invesco Floating Rate Municipal Income ETF worth $245,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of PVI. Private Trust Co. NA acquired a new stake in Invesco Floating Rate Municipal Income ETF in the 1st quarter valued at approximately $46,000. Mariner LLC bought a new position in shares of Invesco Floating Rate Municipal Income ETF in the fourth quarter worth $219,000. Envestnet Asset Management Inc. grew its stake in shares of Invesco Floating Rate Municipal Income ETF by 35.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 14,292 shares of the company’s stock worth $353,000 after purchasing an additional 3,712 shares in the last quarter. First Affirmative Financial Network increased its holdings in shares of Invesco Floating Rate Municipal Income ETF by 4.0% during the first quarter. First Affirmative Financial Network now owns 32,699 shares of the company’s stock valued at $812,000 after purchasing an additional 1,272 shares during the period. Finally, Avior Wealth Management LLC bought a new stake in shares of Invesco Floating Rate Municipal Income ETF during the first quarter valued at about $857,000.

Invesco Floating Rate Municipal Income ETF Stock Up 0.1%

PVI stock opened at $24.85 on Friday. The company has a 50-day simple moving average of $24.85 and a 200 day simple moving average of $24.84. Invesco Floating Rate Municipal Income ETF has a fifty-two week low of $24.34 and a fifty-two week high of $25.37.

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.