Invesco AAA CLO Floating Rate Note ETF (BATS:ICLO – Get Free Report) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 75,028 shares, a decrease of 45.1% from the July 15th total of 136,673 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 133,636 shares, the short-interest ratio is presently 0.6 days.
Institutional Investors Weigh In On Invesco AAA CLO Floating Rate Note ETF
Hedge funds have recently added to or reduced their stakes in the business. CoreCap Advisors LLC increased its holdings in shares of Invesco AAA CLO Floating Rate Note ETF by 39.4% in the second quarter. CoreCap Advisors LLC now owns 2,723 shares of the company’s stock valued at $70,000 after purchasing an additional 769 shares during the last quarter. Comerica Bank lifted its stake in shares of Invesco AAA CLO Floating Rate Note ETF by 1,019.9% during the 3rd quarter. Comerica Bank now owns 5,129 shares of the company’s stock worth $131,000 after buying an additional 4,671 shares during the last quarter. Compass Financial Management LLC acquired a new stake in shares of Invesco AAA CLO Floating Rate Note ETF during the 2nd quarter worth about $155,000. Fifth Third Bancorp bought a new stake in shares of Invesco AAA CLO Floating Rate Note ETF during the 1st quarter worth about $170,000. Finally, Merit Financial Group LLC bought a new stake in shares of Invesco AAA CLO Floating Rate Note ETF during the 4th quarter worth about $205,000.
Invesco AAA CLO Floating Rate Note ETF Price Performance
ICLO opened at $25.64 on Wednesday. Invesco AAA CLO Floating Rate Note ETF has a 12-month low of $25.23 and a 12-month high of $25.72. The business has a 50 day moving average of $25.60 and a 200-day moving average of $25.57.
Invesco AAA CLO Floating Rate Note ETF Company Profile
The Invesco Aaa Clo Floating Rate Note ETF (ICLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed to invest in USD-denominated floating rate CLOs that are rated AAA or equivalent. ICLO was launched on Dec 9, 2022 and is managed by Invesco.
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