Invesco Variable Rate Preferred ETF $VRP Shares Newly Acquired by NTV Asset Management LLC

NTV Asset Management LLC bought a new stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 129,896 shares of the company’s stock, valued at approximately $3,080,000. NTV Asset Management LLC owned 0.10% of Invesco Variable Rate Preferred ETF as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of VRP. Barrett & Company Inc. bought a new position in Invesco Variable Rate Preferred ETF in the third quarter worth approximately $161,000. Eagle Harbor Asset Management Inc. ADV purchased a new stake in Invesco Variable Rate Preferred ETF during the third quarter worth $4,216,000. Blue Jean Financial LLC lifted its holdings in Invesco Variable Rate Preferred ETF by 10.2% during the third quarter. Blue Jean Financial LLC now owns 75,064 shares of the company’s stock worth $1,780,000 after buying an additional 6,924 shares during the period. Brown Lisle Cummings Inc. lifted its holdings in Invesco Variable Rate Preferred ETF by 4.9% during the third quarter. Brown Lisle Cummings Inc. now owns 18,352 shares of the company’s stock worth $435,000 after buying an additional 855 shares during the period. Finally, IFP Advisors Inc lifted its holdings in Invesco Variable Rate Preferred ETF by 3.4% during the third quarter. IFP Advisors Inc now owns 75,449 shares of the company’s stock worth $1,789,000 after buying an additional 2,484 shares during the period.

Invesco Variable Rate Preferred ETF Price Performance

Shares of NYSEARCA VRP opened at $23.56 on Friday. The stock’s fifty day simple moving average is $23.91 and its two-hundred day simple moving average is $24.17. Invesco Variable Rate Preferred ETF has a 12-month low of $23.47 and a 12-month high of $24.75.

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.