Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Stock Holdings Lifted by Evolution Wealth Advisors LLC

Evolution Wealth Advisors LLC increased its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 3.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 452,294 shares of the company’s stock after buying an additional 15,832 shares during the quarter. Invesco Variable Rate Preferred ETF accounts for 2.0% of Evolution Wealth Advisors LLC’s investment portfolio, making the stock its 9th largest holding. Evolution Wealth Advisors LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $11,063,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of VRP. BNP Paribas Financial Markets boosted its holdings in Invesco Variable Rate Preferred ETF by 75,025.0% during the 1st quarter. BNP Paribas Financial Markets now owns 3,005 shares of the company’s stock worth $71,000 after acquiring an additional 3,001 shares during the last quarter. Key Financial Inc lifted its position in shares of Invesco Variable Rate Preferred ETF by 59.6% during the second quarter. Key Financial Inc now owns 3,370 shares of the company’s stock valued at $81,000 after purchasing an additional 1,259 shares in the last quarter. ORG Partners LLC purchased a new position in Invesco Variable Rate Preferred ETF during the second quarter worth about $140,000. Coastline Trust Co purchased a new position in Invesco Variable Rate Preferred ETF during the third quarter worth about $142,000. Finally, Dynamic Advisor Solutions LLC bought a new stake in Invesco Variable Rate Preferred ETF in the 3rd quarter worth about $213,000.

Invesco Variable Rate Preferred ETF Trading Down 0.1 %

NYSEARCA:VRP opened at $24.48 on Friday. Invesco Variable Rate Preferred ETF has a 52 week low of $22.36 and a 52 week high of $24.67. The firm has a 50-day moving average price of $24.47 and a two-hundred day moving average price of $24.13.

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.