Duncker Streett & Co. Inc. Cuts Stake in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Duncker Streett & Co. Inc. cut its position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 2.1% during the fourth quarter, HoldingsChannel reports. The firm owned 124,738 shares of the company’s stock after selling 2,616 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in Invesco Variable Rate Preferred ETF were worth $2,879,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of VRP. JPMorgan Chase & Co. boosted its stake in Invesco Variable Rate Preferred ETF by 10.8% during the 1st quarter. JPMorgan Chase & Co. now owns 389,761 shares of the company’s stock worth $9,526,000 after purchasing an additional 37,974 shares during the period. Bank of New York Mellon Corp boosted its stake in Invesco Variable Rate Preferred ETF by 3.4% during the 1st quarter. Bank of New York Mellon Corp now owns 137,826 shares of the company’s stock worth $3,369,000 after purchasing an additional 4,563 shares during the period. Citigroup Inc. boosted its stake in Invesco Variable Rate Preferred ETF by 59.7% during the 1st quarter. Citigroup Inc. now owns 109,807 shares of the company’s stock worth $2,683,000 after purchasing an additional 41,053 shares during the period. Cetera Investment Advisers raised its position in Invesco Variable Rate Preferred ETF by 41.0% during the 1st quarter. Cetera Investment Advisers now owns 56,253 shares of the company’s stock worth $1,375,000 after buying an additional 16,365 shares during the last quarter. Finally, Worth Asset Management LLC purchased a new position in Invesco Variable Rate Preferred ETF during the 1st quarter worth $54,000.

Invesco Variable Rate Preferred ETF Stock Up 0.2 %

Invesco Variable Rate Preferred ETF stock traded up $0.05 during trading hours on Wednesday, reaching $23.46. 39,715 shares of the stock were exchanged, compared to its average volume of 331,758. Invesco Variable Rate Preferred ETF has a 52-week low of $21.36 and a 52-week high of $23.87. The firm’s 50 day moving average is $23.62 and its 200 day moving average is $23.00.

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.