Stifel Financial Corp Decreases Position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Stifel Financial Corp cut its holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 0.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 228,082 shares of the company’s stock after selling 1,334 shares during the period. Stifel Financial Corp owned approximately 0.35% of Invesco Variable Rate Preferred ETF worth $5,797,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of VRP. Bank of America Corp DE boosted its holdings in Invesco Variable Rate Preferred ETF by 4.5% during the 2nd quarter. Bank of America Corp DE now owns 3,501,018 shares of the company’s stock valued at $87,280,000 after acquiring an additional 149,865 shares during the period. Invesco Ltd. lifted its position in Invesco Variable Rate Preferred ETF by 26.3% in the second quarter. Invesco Ltd. now owns 2,109,576 shares of the company’s stock valued at $52,592,000 after purchasing an additional 439,553 shares during the last quarter. Wells Fargo & Company MN lifted its position in Invesco Variable Rate Preferred ETF by 16.4% in the second quarter. Wells Fargo & Company MN now owns 1,650,828 shares of the company’s stock valued at $41,155,000 after purchasing an additional 232,835 shares during the last quarter. Atwood & Palmer Inc. boosted its stake in shares of Invesco Variable Rate Preferred ETF by 5.3% during the third quarter. Atwood & Palmer Inc. now owns 728,924 shares of the company’s stock valued at $18,529,000 after purchasing an additional 36,497 shares during the period. Finally, Stephens Inc. AR boosted its stake in shares of Invesco Variable Rate Preferred ETF by 21.9% during the third quarter. Stephens Inc. AR now owns 646,637 shares of the company’s stock valued at $16,437,000 after purchasing an additional 116,188 shares during the period.

Shares of Invesco Variable Rate Preferred ETF stock opened at $25.64 on Friday. Invesco Variable Rate Preferred ETF has a 52-week low of $22.26 and a 52-week high of $25.82. The company’s 50 day moving average price is $25.65 and its 200-day moving average price is $25.26.

See Also: What are the qualifications of a portfolio manager?

Want to see what other hedge funds are holding VRP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Variable Rate Preferred ETF (NYSEARCA:VRP).

Institutional Ownership by Quarter for Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Receive News & Ratings for Invesco Variable Rate Preferred ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Variable Rate Preferred ETF and related companies with MarketBeat.com's FREE daily email newsletter.