Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Holdings Increased by Addison Capital Co

Addison Capital Co lifted its stake in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 0.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 85,461 shares of the company’s stock after acquiring an additional 485 shares during the period. Addison Capital Co’s holdings in Invesco Variable Rate Preferred ETF were worth $2,067,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Spectrum Asset Management Inc. grew its holdings in Invesco Variable Rate Preferred ETF by 1,293.9% during the fourth quarter. Spectrum Asset Management Inc. now owns 863,487 shares of the company’s stock worth $20,888,000 after acquiring an additional 801,539 shares during the period. Benjamin Edwards Inc. boosted its stake in Invesco Variable Rate Preferred ETF by 814.2% in the 3rd quarter. Benjamin Edwards Inc. now owns 536,706 shares of the company’s stock worth $13,128,000 after purchasing an additional 478,001 shares during the period. Raymond James Financial Inc. purchased a new position in Invesco Variable Rate Preferred ETF during the 4th quarter worth approximately $9,370,000. Ocean Park Asset Management LLC grew its position in Invesco Variable Rate Preferred ETF by 54.1% during the 4th quarter. Ocean Park Asset Management LLC now owns 610,200 shares of the company’s stock worth $14,761,000 after purchasing an additional 214,300 shares in the last quarter. Finally, Proficio Capital Partners LLC raised its stake in Invesco Variable Rate Preferred ETF by 2,319.0% during the 4th quarter. Proficio Capital Partners LLC now owns 218,436 shares of the company’s stock valued at $5,284,000 after purchasing an additional 209,406 shares during the period.

Invesco Variable Rate Preferred ETF Stock Performance

VRP opened at $24.25 on Monday. Invesco Variable Rate Preferred ETF has a 12-month low of $23.40 and a 12-month high of $24.67. The stock has a fifty day moving average of $24.33 and a 200-day moving average of $24.39.

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.