Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Shares Acquired by New Millennium Group LLC

New Millennium Group LLC increased its holdings in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 53.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 102,502 shares of the company’s stock after acquiring an additional 35,688 shares during the quarter. Invesco Variable Rate Preferred ETF makes up approximately 1.5% of New Millennium Group LLC’s holdings, making the stock its 20th biggest holding. New Millennium Group LLC owned 0.15% of Invesco Variable Rate Preferred ETF worth $2,480,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Stephens Inc. AR increased its stake in shares of Invesco Variable Rate Preferred ETF by 0.4% in the third quarter. Stephens Inc. AR now owns 1,414,175 shares of the company’s stock valued at $34,591,000 after purchasing an additional 5,892 shares during the period. HighTower Advisors LLC increased its position in Invesco Variable Rate Preferred ETF by 16.9% in the 3rd quarter. HighTower Advisors LLC now owns 854,864 shares of the company’s stock valued at $20,909,000 after acquiring an additional 123,324 shares during the period. Benjamin Edwards Inc. grew its stake in shares of Invesco Variable Rate Preferred ETF by 814.2% in the third quarter. Benjamin Edwards Inc. now owns 536,706 shares of the company’s stock worth $13,128,000 after purchasing an additional 478,001 shares in the last quarter. Evolution Wealth Advisors LLC raised its holdings in Invesco Variable Rate Preferred ETF by 1.8% during the fourth quarter. Evolution Wealth Advisors LLC now owns 460,612 shares of the company’s stock worth $11,142,000 after purchasing an additional 8,318 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC grew its position in Invesco Variable Rate Preferred ETF by 2.7% in the third quarter. Ashton Thomas Private Wealth LLC now owns 442,678 shares of the company’s stock worth $10,828,000 after buying an additional 11,612 shares during the last quarter.

Invesco Variable Rate Preferred ETF Price Performance

Shares of VRP opened at $24.32 on Friday. Invesco Variable Rate Preferred ETF has a 1-year low of $23.32 and a 1-year high of $24.67. The business’s 50-day moving average price is $24.33 and its 200 day moving average price 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.