OLD National Bancorp IN cut its position in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP – Get Rating) by 28.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,758 shares of the company’s stock after selling 22,864 shares during the period. OLD National Bancorp IN owned approximately 0.07% of Invesco Variable Rate Preferred ETF worth $1,293,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of VRP. Jane Street Group LLC increased its position in shares of Invesco Variable Rate Preferred ETF by 108.7% during the third quarter. Jane Street Group LLC now owns 694,430 shares of the company’s stock valued at $15,208,000 after acquiring an additional 8,642,996 shares during the last quarter. Advisory Alpha LLC increased its position in shares of Invesco Variable Rate Preferred ETF by 77.2% during the fourth quarter. Advisory Alpha LLC now owns 1,495,615 shares of the company’s stock valued at $33,488,000 after acquiring an additional 651,792 shares during the last quarter. Pinnacle Financial Partners Inc. acquired a new stake in shares of Invesco Variable Rate Preferred ETF during the third quarter valued at about $7,708,000. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Invesco Variable Rate Preferred ETF by 84.2% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 469,504 shares of the company’s stock valued at $10,282,000 after purchasing an additional 214,656 shares in the last quarter. Finally, All Season Financial Advisors Inc. acquired a new position in shares of Invesco Variable Rate Preferred ETF in the third quarter valued at approximately $4,641,000.
Invesco Variable Rate Preferred ETF Stock Performance
Shares of VRP stock opened at $22.34 on Monday. The company has a 50 day moving average price of $22.45 and a 200 day moving average price of $22.50. Invesco Variable Rate Preferred ETF has a fifty-two week low of $20.88 and a fifty-two week high of $23.96.
About Invesco Variable Rate Preferred ETF
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.
Further Reading
- Get a free copy of the StockNews.com research report on Invesco Variable Rate Preferred ETF (VRP)
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