QTR Family Wealth LLC Increases Position in Invesco Variable Rate Preferred ETF $VRP

QTR Family Wealth LLC raised its position in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 233.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,000 shares of the company’s stock after purchasing an additional 21,000 shares during the period. QTR Family Wealth LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $735,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Boston Family Office LLC increased its position in shares of Invesco Variable Rate Preferred ETF by 3.7% in the 4th quarter. Boston Family Office LLC now owns 248,177 shares of the company’s stock valued at $6,038,000 after purchasing an additional 8,748 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Invesco Variable Rate Preferred ETF by 11.5% in the 4th quarter. Wells Fargo & Company MN now owns 3,508,606 shares of the company’s stock valued at $85,364,000 after purchasing an additional 360,543 shares during the last quarter. IFC & Insurance Marketing Inc. purchased a new stake in shares of Invesco Variable Rate Preferred ETF in the 4th quarter valued at approximately $413,000. Mosley Wealth Management purchased a new stake in shares of Invesco Variable Rate Preferred ETF in the 4th quarter valued at approximately $286,000. Finally, Kovack Advisors Inc. increased its position in shares of Invesco Variable Rate Preferred ETF by 124.6% in the 4th quarter. Kovack Advisors Inc. now owns 23,307 shares of the company’s stock valued at $567,000 after purchasing an additional 12,930 shares during the last quarter.

Invesco Variable Rate Preferred ETF Stock Up 0.1%

NYSEARCA VRP opened at $24.37 on Friday. The firm’s fifty day moving average price is $24.31 and its 200 day moving average price is $24.35. Invesco Variable Rate Preferred ETF has a 12 month low of $23.71 and a 12 month 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.