Invesco Floating Rate Municipal Income ETF
27 hedge funds and large institutions have $52.5M invested in Invesco Floating Rate Municipal Income ETF in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 5 closing their positions.
0.91% more ownership
Funds ownership: 31.63% → 32.54% (+0.91%)
0% more funds holding
Funds holding: 27 → 27 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
12% less capital invested
Capital invested by funds: $59.6M → $52.5M (-$7.2M)
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$692K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$682K |
| 3 |
NES
New England Securities
New York
|
+$499K |
| 4 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$445K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$350K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$3.96M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.42M |
| 3 |
Morgan Stanley
New York
|
-$1.44M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$712K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$551K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAS
26
Madden Advisory Services
Jacksonville,
Florida
| $3K | – | – | – |
|
|
AIG
27
American International Group
New York
| $2.5K | – | – | – |
|
|
RJA
28
Raymond James & Associates
St Petersburg,
Florida
| – | -$280K | -11,224 | Closed |
|
|
BIT
29
BlackRock Institutional Trust
San Francisco,
California
| – | -$270K | -10,800 | Closed |
|
|
SHWM
30
Smith & Howard Wealth Management
Atlanta,
Georgia
| – | -$115K | -4,599 | Closed |
|
|
ST
31
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$14K | -570 | Closed |
|
32
Ameriprise
Minneapolis,
Minnesota
| – | -$12K | -462 | Closed |
|
PVI Hedge Fund Activity: Q1 2014 in Review
27 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q1 2014, worth a combined $52.5M — down 12% from $59.6M a quarter earlier.
Fund positioning in PVI was balanced in Q1 2014: 5 funds opened new positions, 5 closed out, 5 added to existing stakes and 12 trimmed.
The largest buyer was Signature Estate & Investment Advisors, adding an estimated $692K. The largest seller was Citigroup, cutting an estimated $3.96M.
- 27 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $52.5M of Invesco Floating Rate Municipal Income ETF stock for Q1 2014, down 12% quarter-over-quarter.
- 5 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q1 2014 and 5 closed out, a net change of 0 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q1 2014 was Signature Estate & Investment Advisors, an estimated $692K added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q1 2014 was Citigroup, an estimated $3.96M sold.
Based on aggregated 13F filings for Q1 2014.