Stephens Inc. AR Raises Holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Stephens Inc. AR increased its position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 1.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,431,932 shares of the company’s stock after purchasing an additional 17,757 shares during the period. Stephens Inc. AR’s holdings in Invesco Variable Rate Preferred ETF were worth $34,638,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in VRP. HighTower Advisors LLC increased its position in Invesco Variable Rate Preferred ETF by 16.9% during the third quarter. HighTower Advisors LLC now owns 854,864 shares of the company’s stock worth $20,909,000 after buying an additional 123,324 shares during the period. Benjamin Edwards Inc. raised its position in Invesco Variable Rate Preferred ETF by 814.2% in the 3rd quarter. Benjamin Edwards Inc. now owns 536,706 shares of the company’s stock valued at $13,128,000 after purchasing an additional 478,001 shares during the last quarter. Evolution Wealth Advisors LLC boosted its stake in Invesco Variable Rate Preferred ETF by 1.8% during the 4th quarter. Evolution Wealth Advisors LLC now owns 460,612 shares of the company’s stock worth $11,142,000 after purchasing an additional 8,318 shares during the period. Ashton Thomas Private Wealth LLC grew its position in Invesco Variable Rate Preferred ETF by 2.7% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 442,678 shares of the company’s stock worth $10,828,000 after purchasing an additional 11,612 shares during the last quarter. Finally, Stifel Financial Corp increased its stake in Invesco Variable Rate Preferred ETF by 0.6% in the third quarter. Stifel Financial Corp now owns 347,507 shares of the company’s stock valued at $8,500,000 after purchasing an additional 1,922 shares during the period.

Invesco Variable Rate Preferred ETF Stock Down 0.1 %

Shares of NYSEARCA:VRP opened at $24.39 on Friday. Invesco Variable Rate Preferred ETF has a one year low of $23.32 and a one year high of $24.67. The company has a 50-day simple moving average of $24.32 and a 200-day simple moving average of $24.31.

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.