Advisory Resource Group Has $1.58 Million Position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Advisory Resource Group boosted its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 3.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 65,103 shares of the company’s stock after buying an additional 2,228 shares during the quarter. Advisory Resource Group owned approximately 0.10% of Invesco Variable Rate Preferred ETF worth $1,575,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VRP. Coastline Trust Co bought a new position in shares of Invesco Variable Rate Preferred ETF in the 3rd quarter worth about $142,000. Zhang Financial LLC bought a new stake in Invesco Variable Rate Preferred ETF in the 4th quarter valued at about $202,000. Dynamic Advisor Solutions LLC bought a new stake in Invesco Variable Rate Preferred ETF in the 3rd quarter valued at about $213,000. Proficio Capital Partners LLC increased its position in Invesco Variable Rate Preferred ETF by 4.8% in the 3rd quarter. Proficio Capital Partners LLC now owns 9,030 shares of the company’s stock valued at $221,000 after buying an additional 415 shares in the last quarter. Finally, Stratos Wealth Partners LTD. bought a new stake in Invesco Variable Rate Preferred ETF in the 4th quarter valued at about $219,000.

Invesco Variable Rate Preferred ETF Stock Down 0.1 %

Shares of Invesco Variable Rate Preferred ETF stock opened at $24.39 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 has a 50-day simple moving average of $24.32 and a 200 day simple moving average of $24.31.

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.