NTV Asset Management LLC Buys 19,000 Shares of Invesco Variable Rate Preferred ETF $VRP

NTV Asset Management LLC boosted its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 23.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 100,915 shares of the company’s stock after acquiring an additional 19,000 shares during the quarter. NTV Asset Management LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $2,467,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC bought a new stake in Invesco Variable Rate Preferred ETF during the 1st quarter worth about $35,000. Westend Capital Management LLC bought a new stake in Invesco Variable Rate Preferred ETF during the 1st quarter worth about $107,000. Harbour Investments Inc. grew its holdings in Invesco Variable Rate Preferred ETF by 58.2% during the 1st quarter. Harbour Investments Inc. now owns 4,490 shares of the company’s stock worth $109,000 after acquiring an additional 1,652 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in Invesco Variable Rate Preferred ETF by 6.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 11,388 shares of the company’s stock worth $276,000 after acquiring an additional 721 shares during the last quarter. Finally, Endowment Wealth Management Inc. grew its holdings in Invesco Variable Rate Preferred ETF by 5.1% during the 1st quarter. Endowment Wealth Management Inc. now owns 11,689 shares of the company’s stock worth $283,000 after acquiring an additional 569 shares during the last quarter.

Invesco Variable Rate Preferred ETF Stock Performance

Invesco Variable Rate Preferred ETF stock opened at $24.76 on Friday. Invesco Variable Rate Preferred ETF has a 1 year low of $23.03 and a 1 year high of $24.93. The company’s 50-day moving average is $24.62 and its two-hundred day moving average is $24.33.

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.