Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) Shares Sold by Jackson Hole Capital Partners LLC

Jackson Hole Capital Partners LLC trimmed its holdings in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 10.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 85,328 shares of the company’s stock after selling 9,692 shares during the period. Jackson Hole Capital Partners LLC owned 0.13% of Invesco Variable Rate Preferred ETF worth $1,969,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. CWM LLC grew its position in Invesco Variable Rate Preferred ETF by 4,554.1% in the 4th quarter. CWM LLC now owns 24,527 shares of the company’s stock valued at $566,000 after buying an additional 24,000 shares in the last quarter. Graypoint LLC grew its position in Invesco Variable Rate Preferred ETF by 1,400.6% in the 4th quarter. Graypoint LLC now owns 249,285 shares of the company’s stock valued at $5,753,000 after buying an additional 232,673 shares in the last quarter. NewEdge Wealth LLC grew its position in Invesco Variable Rate Preferred ETF by 12.5% in the 4th quarter. NewEdge Wealth LLC now owns 194,820 shares of the company’s stock valued at $4,496,000 after buying an additional 21,607 shares in the last quarter. Dearborn Partners LLC grew its position in Invesco Variable Rate Preferred ETF by 80.8% in the 4th quarter. Dearborn Partners LLC now owns 30,156 shares of the company’s stock valued at $696,000 after buying an additional 13,481 shares in the last quarter. Finally, SeaBridge Investment Advisors LLC grew its position in Invesco Variable Rate Preferred ETF by 6.8% in the 4th quarter. SeaBridge Investment Advisors LLC now owns 174,143 shares of the company’s stock valued at $4,019,000 after buying an additional 11,077 shares in the last quarter.

Invesco Variable Rate Preferred ETF Stock Performance

VRP traded down $0.04 on Thursday, reaching $23.48. The company had a trading volume of 239,724 shares, compared to its average volume of 353,718. The company has a fifty day moving average of $23.63 and a 200-day moving average of $23.05. Invesco Variable Rate Preferred ETF has a one year low of $21.36 and a one year high of $23.87.

About Invesco Variable Rate Preferred ETF

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.