Integrity Alliance LLC. Has $437,000 Stake in Invesco Variable Rate Preferred ETF $VRP

Integrity Alliance LLC. trimmed its holdings in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 91.9% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 17,877 shares of the company’s stock after selling 202,193 shares during the period. Integrity Alliance LLC.’s holdings in Invesco Variable Rate Preferred ETF were worth $437,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in VRP. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Invesco Variable Rate Preferred ETF in the first quarter valued at approximately $9,696,000. Wealthcare Advisory Partners LLC lifted its position in shares of Invesco Variable Rate Preferred ETF by 2,329.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 203,814 shares of the company’s stock valued at $4,983,000 after buying an additional 195,424 shares during the last quarter. LPL Financial LLC lifted its position in shares of Invesco Variable Rate Preferred ETF by 8.3% in the first quarter. LPL Financial LLC now owns 2,271,805 shares of the company’s stock valued at $55,069,000 after buying an additional 173,408 shares during the last quarter. Park Avenue Securities LLC acquired a new stake in shares of Invesco Variable Rate Preferred ETF in the second quarter valued at approximately $3,928,000. Finally, Envestnet Asset Management Inc. lifted its holdings in Invesco Variable Rate Preferred ETF by 13.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,310,237 shares of the company’s stock worth $31,760,000 after purchasing an additional 153,679 shares during the last quarter.

Invesco Variable Rate Preferred ETF Price Performance

NYSEARCA:VRP opened at $24.63 on Friday. The stock has a 50 day simple moving average of $24.69 and a 200 day simple moving average of $24.43. Invesco Variable Rate Preferred ETF has a 1-year low of $23.03 and a 1-year high of $24.93.

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.