NTV Asset Management LLC Sells 8,200 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

NTV Asset Management LLC lessened its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 9.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,315 shares of the company’s stock after selling 8,200 shares during the period. NTV Asset Management LLC owned approximately 0.12% of Invesco Variable Rate Preferred ETF worth $2,015,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Coastline Trust Co purchased a new stake in Invesco Variable Rate Preferred ETF during the 3rd quarter valued at $142,000. Zhang Financial LLC purchased a new stake in Invesco Variable Rate Preferred ETF during the 4th quarter valued at $202,000. Stratos Wealth Partners LTD. purchased a new stake in Invesco Variable Rate Preferred ETF during the 4th quarter valued at $219,000. Proficio Capital Partners LLC boosted its stake in Invesco Variable Rate Preferred ETF by 4.8% during the 3rd quarter. Proficio Capital Partners LLC now owns 9,030 shares of the company’s stock valued at $221,000 after purchasing an additional 415 shares during the last quarter. Finally, Investment Research & Advisory Group Inc. purchased a new stake in Invesco Variable Rate Preferred ETF during the 3rd quarter valued at $225,000.

Invesco Variable Rate Preferred ETF Trading Up 0.2 %

Shares of VRP opened at $24.49 on Monday. The business’s fifty day simple moving average is $24.32 and its two-hundred day simple moving average is $24.34. Invesco Variable Rate Preferred ETF has a 12 month low of $23.40 and a 12 month high of $24.67.

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.