Fifth Third Bancorp Sells 3,750 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Fifth Third Bancorp lessened its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRPFree Report) by 47.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,200 shares of the company’s stock after selling 3,750 shares during the period. Fifth Third Bancorp’s holdings in Invesco Variable Rate Preferred ETF were worth $102,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. CWM LLC grew its holdings in shares of Invesco Variable Rate Preferred ETF by 14.4% during the third quarter. CWM LLC now owns 31,991 shares of the company’s stock valued at $783,000 after buying an additional 4,038 shares during the last quarter. Truist Financial Corp lifted its position in Invesco Variable Rate Preferred ETF by 2.4% in the 2nd quarter. Truist Financial Corp now owns 17,776 shares of the company’s stock valued at $426,000 after acquiring an additional 421 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Invesco Variable Rate Preferred ETF by 25,072.1% during the 2nd quarter. NewEdge Advisors LLC now owns 72,244 shares of the company’s stock valued at $1,731,000 after purchasing an additional 71,957 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of Invesco Variable Rate Preferred ETF by 20.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 43,953 shares of the company’s stock worth $1,053,000 after purchasing an additional 7,400 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC raised its stake in shares of Invesco Variable Rate Preferred ETF by 2.7% in the third quarter. Ashton Thomas Private Wealth LLC now owns 442,678 shares of the company’s stock worth $10,828,000 after purchasing an additional 11,612 shares during the last quarter.

Invesco Variable Rate Preferred ETF Stock Up 0.1 %

Shares of NYSEARCA:VRP opened at $24.32 on Friday. Invesco Variable Rate Preferred ETF has a 1 year low of $23.32 and a 1 year high of $24.67. The stock’s fifty day moving average price is $24.33 and its 200-day moving average price is $24.31.

About Invesco Variable Rate Preferred ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding VRP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Variable Rate Preferred ETF (NYSEARCA:VRPFree Report).

Institutional Ownership by Quarter for Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

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