Invesco Floating Rate Municipal Income ETF
25 hedge funds and large institutions have $30.8M invested in Invesco Floating Rate Municipal Income ETF in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
54% more capital invested
Capital invested by funds: $20M → $30.8M (+$10.9M)
19% more funds holding
Funds holding: 21 → 25 (+4)
13.65% more ownership
Funds ownership: 23.22% → 36.87% (+14%)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$6.28M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.46M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.3M |
| 4 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
+$474K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$458K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.22M |
| 2 |
Morgan Stanley
New York
|
-$728K |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$695K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$539K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$141K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$695K | -27,864 | Closed |
|
27
Invesco
Atlanta,
Georgia
| – | -$121K | -4,851 | Closed |
|
PVI Hedge Fund Activity: Q3 2015 in Review
25 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Invesco Floating Rate Municipal Income ETF (PVI) for Q3 2015, worth a combined $30.8M — up 54% from $20M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new PVI positions and 2 closed out — a net gain of 4 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Janney Capital Management, opening a new position worth an estimated $6.28M. The largest seller was Jane Street, cutting an estimated $1.22M.
- 25 institutional investors held Invesco Floating Rate Municipal Income ETF (PVI) as of Q3 2015, up from 21 in Q2 2015.
- Funds reported $30.8M of Invesco Floating Rate Municipal Income ETF stock for Q3 2015, up 54% quarter-over-quarter.
- 6 funds opened new Invesco Floating Rate Municipal Income ETF positions in Q3 2015 and 2 closed out, a net change of +4 holders.
- The largest Invesco Floating Rate Municipal Income ETF buyer in Q3 2015 was Janney Capital Management, an estimated $6.28M added.
- The largest Invesco Floating Rate Municipal Income ETF seller in Q3 2015 was Jane Street, an estimated $1.22M sold.
Based on aggregated 13F filings for Q3 2015.