LFA Lugano Financial Advisors SA Has $52,000 Stock Holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

LFA Lugano Financial Advisors SA reduced its holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 78.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,140 shares of the company’s stock after selling 7,937 shares during the quarter. LFA Lugano Financial Advisors SA’s holdings in Invesco Variable Rate Preferred ETF were worth $52,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Kovack Advisors Inc. lifted its holdings in Invesco Variable Rate Preferred ETF by 7.1% during the 3rd quarter. Kovack Advisors Inc. now owns 10,350 shares of the company’s stock worth $253,000 after buying an additional 685 shares during the period. Dearborn Partners LLC raised its position in shares of Invesco Variable Rate Preferred ETF by 1.8% during the third quarter. Dearborn Partners LLC now owns 84,415 shares of the company’s stock worth $2,065,000 after acquiring an additional 1,455 shares during the last quarter. Coastline Trust Co acquired a new position in shares of Invesco Variable Rate Preferred ETF in the third quarter worth approximately $142,000. Evolution Wealth Advisors LLC boosted its holdings in Invesco Variable Rate Preferred ETF by 3.6% in the third quarter. Evolution Wealth Advisors LLC now owns 452,294 shares of the company’s stock valued at $11,063,000 after acquiring an additional 15,832 shares during the last quarter. Finally, J. W. Coons Advisors LLC increased its position in Invesco Variable Rate Preferred ETF by 3.6% during the 3rd quarter. J. W. Coons Advisors LLC now owns 29,340 shares of the company’s stock valued at $718,000 after purchasing an additional 1,010 shares during the period.

Invesco Variable Rate Preferred ETF Stock Performance

Invesco Variable Rate Preferred ETF stock opened at $24.26 on Thursday. The firm has a 50 day moving average price of $24.33 and a two-hundred day moving average price of $24.38. Invesco Variable Rate Preferred ETF has a 52-week low of $23.40 and a 52-week high of $24.67.

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.