Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Get Free Report) saw an uptick in trading volume on Thursday . 699,346 shares traded hands during mid-day trading, an increase of 8% from the previous session’s volume of 648,449 shares.The stock last traded at $24.40 and had previously closed at $24.34.
Invesco Variable Rate Preferred ETF Stock Performance
The firm has a 50 day moving average price of $24.33 and a 200-day moving average price of $24.35.
Hedge Funds Weigh In On Invesco Variable Rate Preferred ETF
Hedge funds have recently added to or reduced their stakes in the business. International Assets Investment Management LLC acquired a new position in Invesco Variable Rate Preferred ETF during the fourth quarter worth about $51,000. Private Trust Co. NA grew its position in shares of Invesco Variable Rate Preferred ETF by 165.2% in the fourth quarter. Private Trust Co. NA now owns 2,209 shares of the company’s stock valued at $54,000 after purchasing an additional 1,376 shares during the last quarter. LFA Lugano Financial Advisors SA grew its position in shares of Invesco Variable Rate Preferred ETF by 136.8% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 5,067 shares of the company’s stock valued at $123,000 after purchasing an additional 2,927 shares during the last quarter. Luken Investment Analytics LLC purchased a new position in shares of Invesco Variable Rate Preferred ETF during the 4th quarter worth approximately $135,000. Finally, Ascentis Independent Advisors purchased a new position in shares of Invesco Variable Rate Preferred ETF during the 1st quarter worth approximately $141,000.
About Invesco Variable Rate Preferred ETF
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.
Read More
- Five stocks we like better than Invesco Variable Rate Preferred ETF
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
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.
