Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Shares Sold by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. lowered its stake in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 26.5% during the fourth quarter, HoldingsChannel reports. The firm owned 23,305 shares of the company’s stock after selling 8,385 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in Invesco Variable Rate Preferred ETF were worth $548,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VRP. Jane Street Group LLC grew its holdings in Invesco Variable Rate Preferred ETF by 108.7% during the third quarter. Jane Street Group LLC now owns 694,430 shares of the company’s stock worth $15,208,000 after acquiring an additional 8,642,996 shares during the period. Morgan Stanley grew its holdings in Invesco Variable Rate Preferred ETF by 34.5% during the fourth quarter. Morgan Stanley now owns 5,755,947 shares of the company’s stock worth $128,876,000 after acquiring an additional 1,476,055 shares during the period. UBS Group AG boosted its position in Invesco Variable Rate Preferred ETF by 21.6% during the third quarter. UBS Group AG now owns 2,977,513 shares of the company’s stock worth $66,607,000 after purchasing an additional 529,617 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Invesco Variable Rate Preferred ETF by 127.8% during the third quarter. Envestnet Asset Management Inc. now owns 536,208 shares of the company’s stock worth $11,995,000 after purchasing an additional 300,826 shares in the last quarter. Finally, Windsor Capital Management LLC boosted its position in Invesco Variable Rate Preferred ETF by 880.7% during the fourth quarter. Windsor Capital Management LLC now owns 292,346 shares of the company’s stock worth $6,747,000 after purchasing an additional 262,536 shares in the last quarter.

Invesco Variable Rate Preferred ETF Trading Up 0.3 %

VRP opened at $23.52 on Friday. The business’s fifty day moving average is $23.62 and its two-hundred day moving average is $23.00. Invesco Variable Rate Preferred ETF has a one year low of $21.36 and a one year high of $23.87.

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.