Evolution Wealth Advisors LLC Buys 1,137 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Evolution Wealth Advisors LLC grew its stake in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 0.3% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 436,032 shares of the company’s stock after purchasing an additional 1,137 shares during the quarter. Invesco Variable Rate Preferred ETF makes up about 2.0% of Evolution Wealth Advisors LLC’s holdings, making the stock its 11th largest position. Evolution Wealth Advisors LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $10,364,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. J. W. Coons Advisors LLC increased its position in shares of Invesco Variable Rate Preferred ETF by 2.8% during the fourth quarter. J. W. Coons Advisors LLC now owns 28,465 shares of the company’s stock valued at $657,000 after acquiring an additional 780 shares during the last quarter. Sound Income Strategies LLC raised its stake in shares of Invesco Variable Rate Preferred ETF by 33.4% during the 1st quarter. Sound Income Strategies LLC now owns 3,996 shares of the company’s stock worth $95,000 after purchasing an additional 1,000 shares during the period. Advisory Services Network LLC grew its position in Invesco Variable Rate Preferred ETF by 3.3% during the fourth quarter. Advisory Services Network LLC now owns 45,457 shares of the company’s stock valued at $1,049,000 after buying an additional 1,437 shares during the period. D.A. Davidson & CO. increased its holdings in Invesco Variable Rate Preferred ETF by 6.0% during the fourth quarter. D.A. Davidson & CO. now owns 33,979 shares of the company’s stock worth $784,000 after buying an additional 1,910 shares during the last quarter. Finally, Belpointe Asset Management LLC increased its holdings in Invesco Variable Rate Preferred ETF by 22.6% during the third quarter. Belpointe Asset Management LLC now owns 11,350 shares of the company’s stock worth $254,000 after buying an additional 2,090 shares during the last quarter.

Invesco Variable Rate Preferred ETF Stock Up 0.4 %

VRP traded up $0.10 during midday trading on Wednesday, reaching $24.04. The company had a trading volume of 281,197 shares, compared to its average volume of 377,650. Invesco Variable Rate Preferred ETF has a 12-month low of $21.60 and a 12-month high of $24.08. The business has a 50-day moving average price of $23.84 and a two-hundred day moving average price of $23.59.

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.