Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Shares Purchased by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC grew its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 8.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 57,769 shares of the company’s stock after purchasing an additional 4,319 shares during the period. Ameritas Advisory Services LLC owned approximately 0.08% of Invesco Variable Rate Preferred ETF worth $1,384,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. CWM LLC boosted its stake in Invesco Variable Rate Preferred ETF by 4,554.1% in the 4th quarter. CWM LLC now owns 24,527 shares of the company’s stock worth $566,000 after buying an additional 24,000 shares during the last quarter. Truist Financial Corp increased its holdings in shares of Invesco Variable Rate Preferred ETF by 23.0% during the 4th quarter. Truist Financial Corp now owns 17,944 shares of the company’s stock worth $414,000 after buying an additional 3,350 shares during the last quarter. Benjamin Edwards Inc. boosted 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 valued at $840,000 after acquiring an additional 6,542 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted 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 valued at $4,983,000 after acquiring an additional 213,490 shares during the last quarter. Finally, Spectrum Asset Management Inc. increased its stake in Invesco Variable Rate Preferred ETF by 53.3% during the fourth quarter. Spectrum Asset Management Inc. now owns 362,656 shares of the company’s stock worth $8,033,000 after acquiring an additional 126,053 shares during the last quarter.

Invesco Variable Rate Preferred ETF Stock Up 0.1 %

Shares of NYSEARCA:VRP traded up $0.02 during trading on Friday, reaching $24.19. 103,883 shares of the stock were exchanged, compared to its average volume of 390,165. The firm’s 50-day moving average price is $24.01 and its 200 day moving average price is $23.81. Invesco Variable Rate Preferred ETF has a 12-month low of $21.60 and a 12-month high of $24.24.

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.