Capital Investment Advisory Services LLC Has $1.03 Million Position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Capital Investment Advisory Services LLC trimmed its position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 3.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 42,381 shares of the company’s stock after selling 1,661 shares during the quarter. Capital Investment Advisory Services LLC owned 0.06% of Invesco Variable Rate Preferred ETF worth $1,025,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. CWM LLC raised its stake in shares of Invesco Variable Rate Preferred ETF by 14.4% during the 3rd quarter. CWM LLC now owns 31,991 shares of the company’s stock worth $783,000 after purchasing an additional 4,038 shares during the period. Truist Financial Corp raised its stake in shares of Invesco Variable Rate Preferred ETF by 2.4% during the 2nd quarter. Truist Financial Corp now owns 17,776 shares of the company’s stock worth $426,000 after purchasing an additional 421 shares during the period. NewEdge Advisors LLC raised its stake in shares of Invesco Variable Rate Preferred ETF by 25,072.1% during the 2nd quarter. NewEdge Advisors LLC now owns 72,244 shares of the company’s stock worth $1,731,000 after purchasing an additional 71,957 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of Invesco Variable Rate Preferred ETF by 20.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 43,953 shares of the company’s stock worth $1,053,000 after purchasing an additional 7,400 shares during the period. Finally, Ashton Thomas Private Wealth LLC raised its stake in shares of Invesco Variable Rate Preferred ETF by 2.7% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 442,678 shares of the company’s stock worth $10,828,000 after purchasing an additional 11,612 shares during the period.

Invesco Variable Rate Preferred ETF Stock Performance

NYSEARCA VRP opened at $24.30 on Friday. Invesco Variable Rate Preferred ETF has a one year low of $23.32 and a one year high of $24.67. The business’s fifty day moving average is $24.33 and its 200-day moving average is $24.30.

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.