Kestra Private Wealth Services LLC Sells 10,493 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Kestra Private Wealth Services LLC trimmed its position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 12.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 71,500 shares of the company’s stock after selling 10,493 shares during the period. Kestra Private Wealth Services LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $1,730,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWM LLC grew its stake in shares of Invesco Variable Rate Preferred ETF by 14.4% in the third quarter. CWM LLC now owns 31,991 shares of the company’s stock worth $783,000 after acquiring an additional 4,038 shares during the last quarter. Truist Financial Corp boosted its position in shares of Invesco Variable Rate Preferred ETF by 2.4% during the second quarter. Truist Financial Corp now owns 17,776 shares of the company’s stock valued at $426,000 after buying an additional 421 shares during the last quarter. Ashton Thomas Private Wealth LLC boosted its position in shares of Invesco Variable Rate Preferred ETF by 2.7% during the third quarter. Ashton Thomas Private Wealth LLC now owns 442,678 shares of the company’s stock valued at $10,828,000 after buying an additional 11,612 shares during the last quarter. New Millennium Group LLC purchased a new stake in shares of Invesco Variable Rate Preferred ETF during the third quarter valued at $1,634,000. Finally, Estate Counselors LLC boosted its position in shares of Invesco Variable Rate Preferred ETF by 0.3% during the third quarter. Estate Counselors LLC now owns 332,505 shares of the company’s stock valued at $8,133,000 after buying an additional 1,110 shares during the last quarter.

Invesco Variable Rate Preferred ETF Stock Down 0.1 %

Invesco Variable Rate Preferred ETF stock opened at $24.42 on Wednesday. Invesco Variable Rate Preferred ETF has a one year low of $23.37 and a one year high of $24.67. The business’s fifty day moving average is $24.32 and its 200 day moving average is $24.32.

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.