Everpar Advisors LLC Invests $244,000 in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Everpar Advisors LLC acquired a new position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,551 shares of the company’s stock, valued at approximately $244,000.

Several other large investors also recently modified their holdings of the company. Private Advisor Group LLC increased its position in shares of Invesco Variable Rate Preferred ETF by 150.5% during the fourth quarter. Private Advisor Group LLC now owns 151,893 shares of the company’s stock worth $3,506,000 after buying an additional 91,246 shares during the period. Spectrum Asset Management Inc. grew its holdings in Invesco Variable Rate Preferred ETF by 53.3% in the fourth quarter. Spectrum Asset Management Inc. now owns 362,656 shares of the company’s stock worth $8,033,000 after purchasing an additional 126,053 shares during the period. Benjamin F. Edwards & Company Inc. grew its holdings in Invesco Variable Rate Preferred ETF by 8,895.4% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 215,890 shares of the company’s stock worth $4,983,000 after purchasing an additional 213,490 shares during the period. Benjamin Edwards Inc. grew its holdings in Invesco Variable Rate Preferred ETF by 21.9% in the fourth quarter. Benjamin Edwards Inc. now owns 36,400 shares of the company’s stock worth $840,000 after purchasing an additional 6,542 shares during the period. Finally, Transcend Capital Advisors LLC grew its holdings in Invesco Variable Rate Preferred ETF by 150.0% in the fourth quarter. Transcend Capital Advisors LLC now owns 67,133 shares of the company’s stock worth $1,549,000 after purchasing an additional 40,277 shares during the period.

Invesco Variable Rate Preferred ETF Stock Performance

NYSEARCA:VRP opened at $23.96 on Thursday. The firm has a fifty day simple moving average of $23.66 and a two-hundred day simple moving average of $23.17. Invesco Variable Rate Preferred ETF has a 12 month low of $21.50 and a 12 month high of $23.96.

Invesco Variable Rate Preferred ETF Company 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.